622 Broken Lance, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $522,888. If we were to list this property today, I'd recommend a list price in the $514,000 to $517,000 range. Relative to what's currently available in HIDDEN SPRINGS RANCH, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 2005 (13 years older than comps) is factored into the value estimate. Lot size matters here: 1.10 acres versus 0.31 for the typical comp. With 7 similar homes currently listed in HIDDEN SPRINGS RANCH (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 6.7%. The best comp here is 221 Hilltop DR, Dripping Springs TX 78620 at an adjusted value of $481,466, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in HIDDEN SPRINGS RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group