672 Beauchamp RD, Dripping Springs TX 78620

The market data from 5 similar recent sales in SHADY VALLEY III points to a value of approximately $783,405. To sell within a reasonable timeframe at fair market value, the $597,000 to $607,000 range is where I'd position this. At this price, the property would be above the only comparable home currently on the market comparable homes currently on the market in SHADY VALLEY III. At 274 sqft smaller than the typical comp, the size difference factors into the valuation. The 2019 construction puts this home 11 years newer than the comp average, a factor in the pricing. 1 similar homes are currently available in SHADY VALLEY III, creating a buyer's market for this price range. In 78620, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 330 Mystic Creek DR, Dripping Springs TX 78620, adjusting to $612,800; with a smaller floor plan. 5 comparable transactions in SHADY VALLEY III 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