701 Grand Prairie CIR, Dripping Springs TX 78620

The estimated value of this property is $402,679, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $393,000 and $399,000. With 7 comparable homes on the market in GRANDE PRAIRIE, this price positions the property as the most expensive of 7 comparable homes on the market. The 162 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1995, this home is 13 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in GRANDE PRAIRIE, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 600 Grand Prairie CIR, Dripping Springs TX 78620, with an adjusted value of $398,595; with a larger 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