841 Panorama DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in HILL CREEK WEST points to a value of approximately $436,732. To sell within a reasonable timeframe at fair market value, the $475,000 to $609,000 range is where I'd position this. With 0 comparable homes on the market in HILL CREEK WEST, this price positions the property as no active comparable homes on the market. The 846 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.90 acres, the lot is smaller than the 1.41 acre comp average, which factors into pricing. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 840 Scenic CIR, Dripping Springs TX 78620, adjusting to $444,500; with a larger floor plan and a pool. 7 comparable transactions in HILL CREEK WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group