651 Myers Creek RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $934,359. I'd recommend coming to market at $979,000 to $1,050,000 to strike the right balance between value and market velocity. In the current 78620 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The larger floor plan (275 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1999, this home is 17 years older than the average comp, which is reflected in the adjustments. Buyers in 78620 have 2 comparable options right now, with asking prices between $1,100,000 and $2,885,500. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 312 STONEGATE LN, Dripping Springs TX 78620 nearby adjusts to $821,620; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group