721 Norwood RD, Dripping Springs TX 78620

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $789,476. Pricing this home between $861,000 and $1,177,000 would put it in the competitive sweet spot for HURLBUT RANCH WEST. Relative to what's currently available in HURLBUT RANCH WEST, this home would be above the only comparable home currently on the market. Being 594 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 12 years older than typical comps, the 1986 build date influences the valuation. Current inventory shows 1 comparable homes in HURLBUT RANCH WEST; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 3.1% over the last half year. The closest comparable sale, 151 Cotton RD, Dripping Springs TX 78620 at an adjusted $357,287, is a strong comparable. With 6 comparable sales in HURLBUT RANCH WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group