740 Sports Park RD, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $405,272. Pricing this home between $431,000 and $466,000 would put it in the competitive sweet spot for 78620. Relative to what's currently available in 78620, this home would be the 3rd least expensive of 7 comparable homes on the market. At 73 years older than typical comps, the 1950 build date influences the valuation. The larger lot (17.04 acres versus the area average of 0.11) contributes to the valuation. With 7 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 248 Delaware Mountains TER, Dripping Springs TX 78620 at an adjusted $367,400, is a strong comparable. With 7 comparable sales in 78620, 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