851 Scenic CIR, Dripping Springs TX 78620

The market data from 7 similar recent sales in HILL CREEK WEST points to a value of approximately $447,987. To sell within a reasonable timeframe at fair market value, the $439,000 to $457,000 range is where I'd position this. In the current HILL CREEK WEST market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 104 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.06 acres, the lot is smaller than the 1.82 acre comp average, which factors into pricing. Buyers in HILL CREEK WEST have 2 comparable options right now, with asking prices between $359,000 and $389,000. In 78620, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 101 Twin Creek CIR, Dripping Springs TX 78620, adjusting to $501,288; with a larger floor plan. 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