847 Beauchamp RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $792,829. For a well positioned listing in SHADY VALLEY III, I'd target the $777,000 to $809,000 range. In the current SHADY VALLEY III market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 242 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 2.53 acres, the lot is smaller than the 4.65 acre comp average, which factors into pricing. With 3 similar homes currently listed in SHADY VALLEY III (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 9.7% since 6 months ago. The most comparable recent sale is 933 Beauchamp RD, Dripping Springs TX 78620, with an adjusted value of $716,111; 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