850 Scenic CIR, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $633,325. If we were to list this property today, I'd recommend a list price in the $555,000 to $719,000 range. Relative to what's currently available in HILL CREEK WEST, this home would be the most affordable of 2 comparable homes on the market. Being 579 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.34 acres versus 7.06 for the typical comp. Current inventory shows 2 comparable homes in HILL CREEK WEST; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 2.5%. The best comp here is 840 Scenic CIR, Dripping Springs TX 78620 at an adjusted value of $491,420, with a pool. The strength of this estimate comes from 7 directly comparable sales in HILL CREEK WEST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group