635 Cottontail TRL, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $877,596. A competitive list price for this home right now would fall in the $951,000 to $977,000 range. Buyers shopping in 78620 right now would see this as a well positioned option among 0 comparable homes. The smaller lot (5.00 acres versus the area average of 13.73) contributes to the valuation. Prices in 78620 have fallen 6.4% over the last 6 months. A similar home at 2200 Divide PASS, Blanco TX 78606 carries an adjusted comparable value of $1,128,500, providing a strong data point. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group