709 Shadywood LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $504,327. For a well positioned listing in MEADOW OAKS, I'd target the $434,000 to $444,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOW OAKS. The smaller floor plan (285 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in MEADOW OAKS (a balanced market), competition is a factor to consider. Recent trends in MEADOW OAKS show home values have risen 4.6% since 6 months ago. The most comparable recent sale is 400 Meadow Oaks DR, Dripping Springs TX 78620, with an adjusted value of $573,885; with a larger floor plan. 7 comparable transactions in MEADOW OAKS 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