770 Spanish Oak TRL, Dripping Springs TX 78620

Based on 7 closed sales in LAS MADERAS, the data points to a value around $1,419,147 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,176,000 to $1,186,000. This would position the home competitively among 6 active listings in LAS MADERAS. The larger floor plan (532 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2016 (6 years older than comps) is factored into the value estimate. Right now, 6 similar properties are competing for buyers in LAS MADERAS, listed between $1,049,900 and $2,349,900. Market data shows 78620 prices fallen 2.6% over the last half year. The closest comparable sale, 529 Bridge Water LOOP, Dripping Springs TX 78620 at an adjusted $1,223,350, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAS MADERAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group