701 S Oak Forest DR, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,330,138. Pricing this home between $1,549,000 and $1,807,000 would put it in the competitive sweet spot for 78620. This home's position in the current 78620 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 1,845 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 5 of the 7 comps lacked one. 3 similar homes are currently available in 78620, creating a buyer's market for this price range. Market data shows 78620 prices fallen 5% over the last half year. The closest comparable sale, 403 Stirrup DR, Dripping Springs TX 78620 at an adjusted $1,219,800, is with a smaller floor plan and no pool. The comp data here (7 sales in 78620) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus