7901 W Fitzhugh, Dripping Springs TX 78620

After reviewing 7 recent transactions in VALLEY OAK, I estimate this property's value at $852,733. A competitive list price for this home right now would fall in the $543,000 to $553,000 range. Buyers shopping in VALLEY OAK right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (167 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (6.42 acres versus the area average of 7.70) contributes to the valuation. Right now, 3 similar properties are competing for buyers in VALLEY OAK, listed between $500,000 and $1,000,000. Prices in 78620 have fallen 7% over the last 6 months. A similar home at 300 Valley Oak DR, Dripping Springs TX 78620 carries an adjusted comparable value of $793,585, providing a strong data point. The comp data here (7 sales in VALLEY OAK) 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