794 Heather Hills DR, Dripping Springs TX 78620

Based on 7 closed sales in HEATHER HILLS, the data points to a value around $970,088 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $951,000 to $989,000. Buyers shopping in HEATHER HILLS right now would see this as a well positioned option among 7 comparable homes. Being built in 2005 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 11.23 acres versus 3.21 for the typical comp. Current inventory shows 7 comparable homes in HEATHER HILLS; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 9% over the last half year. The closest comparable sale, 31887 Mirela Ann LN, Dripping Springs TX 78620 at an adjusted $740,489, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus