801 Old Fitzhugh, Dripping Springs TX 78620

The market data from 7 similar recent sales in 78620 points to a value of approximately $444,984. To sell within a reasonable timeframe at fair market value, the $292,000 to $302,000 range is where I'd position this. Among the similar homes currently available in 78620, this price point stands out as competitive. The smaller floor plan (687 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.32 acres, the lot is smaller than the 2.69 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 251 Barton Meadow DR, Dripping Springs TX 78620, adjusting to $384,237; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group