7500 Creek RD, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $1,078,643. A competitive list price for this home right now would fall in the $716,000 to $726,000 range. This home's position in the current 78620 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (105 sqft vs the comp average) plays a role in how the market prices it. At 18 years older than typical comps, the 1989 build date influences the valuation. The active market in 78620 includes 4 comparable homes priced from $770,000 to $7,000,000. Prices in 78620 have fallen 6.1% over the last 6 months. A similar home at 933 Beauchamp RD, Dripping Springs TX 78620 carries an adjusted comparable value of $807,512, providing a strong data point. 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