805 Bell Springs RD, Dripping Springs TX 78620

The estimated value of this property is $1,097,122, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,197,000 and $1,357,000. Among the similar homes currently available in CEDAR SPGS RANCH, this price point stands out as competitive. Being 1,306 sqft larger than the average comparable sale in this area impacts the per square foot value. The 5.00 acre lot (larger than the 2.88 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in CEDAR SPGS RANCH, listed between $1,250,000 and $3,800,000. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 301 Sundance TRL, Dripping Springs TX 78620, with an adjusted value of $912,175; with a smaller floor plan. Based on 7 relevant data points in CEDAR SPGS RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX