611 Drifting Wind RUN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,068,255. For a well positioned listing in PRESERVE PH TWO, I'd target the $880,000 to $890,000 range. Among the similar homes currently available in PRESERVE PH TWO, this price point stands out as competitive. At 200 sqft larger than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in PRESERVE PH TWO have 7 comparable options right now, with asking prices between $889,900 and $2,250,000. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 816 Drifting Wind RUN, Dripping Springs TX 78620, with an adjusted value of $1,124,831; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group