716 Meadow Oaks DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $515,633. To generate strong buyer interest while maximizing value, I'd price this between $437,000 and $447,000. In the current MEADOW OAKS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (495 sqft vs the comp average) plays a role in how the market prices it. The 1995 construction puts this home 7 years older than the comp average, a factor in the pricing. The active market in MEADOW OAKS includes 7 comparable homes priced from $409,990 to $525,000. The trend in MEADOW OAKS shows prices have risen 4.6% in the past 6 months. 400 Meadow Oaks DR, Dripping Springs TX 78620 nearby adjusts to $575,760; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group