647 Drifting Wind RUN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,412,895. For a well positioned listing in 78620, I'd target the $813,000 to $823,000 range. With 7 comparable homes on the market in 78620, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.58 acres, the lot is larger than the 2.14 acre comp average, which factors into pricing. The active market in 78620 includes 7 comparable homes priced from $799,000 to $1,749,000. Recent trends in 78620 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 218 Candle Leaf CV, Dripping Springs TX 78620, with an adjusted value of $1,323,925; with a pool. 4 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group