786 Golden Eagle LN, Dripping Springs TX 78620

Based on 3 closed sales in 78620, the data points to a value around $710,131 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $463,000 to $473,000. Relative to what's currently available in 78620, this home would be the 0th most expensive of 7 comparable homes on the market. Being built in 2010 (7 years older than comps) is factored into the value estimate. Lot size matters here: 1.07 acres versus 0.66 for the typical comp. With 7 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 2.6% over the last half year. The closest comparable sale, 164 Lone Wolf CT, Dripping Springs TX 78620 at an adjusted $758,764, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78620. 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