863 Beauchamp RD, Dripping Springs TX 78620

After reviewing 7 recent transactions in SHADY VALLEY III, I estimate this property's value at $1,040,702. A competitive list price for this home right now would fall in the $776,000 to $786,000 range. This would position the home competitively among 3 active listings in SHADY VALLEY III. The smaller lot (2.04 acres versus the area average of 6.01) contributes to the valuation. The active market in SHADY VALLEY III includes 3 comparable homes priced from $770,000 to $7,000,000. Prices in 78620 have fallen 6% over the last 6 months. A similar home at 933 Beauchamp RD, Dripping Springs TX 78620 carries an adjusted comparable value of $786,894, providing a strong data point. With 7 comparable sales in SHADY VALLEY III, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group