673 Pecos River XING, Dripping Springs TX 78620

The estimated value of this property is $540,617, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $651,000 and $683,000. Against 7 similar active listings in LEGACY, this price point lands at the most affordable of 7 comparable homes on the market. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. The active market in LEGACY includes 7 comparable homes priced from $529,500 to $960,129. Recent trends in 78620 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 201 Bishop Wood RD, Dripping Springs TX 78620, with an adjusted value of $537,374; a strong comparable. 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