621 Madrone Ranch TRL, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $771,578 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $737,000 to $815,000. Relative to what's currently available in 78620, this home would be the most expensive of 2 comparable homes on the market. The 381 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 6.36 acres versus 5.96 for the typical comp. Right now, 2 similar properties are competing for buyers in 78620, listed between $899,000 and $2,599,000. Market data shows 78620 prices fallen 7.5% over the last half year. The closest comparable sale, 201 Hillview CIR, Dripping Springs TX 78620 at an adjusted $659,574, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus