890 Springlake DR, Dripping Springs TX 78620

Based on 7 closed sales in SPRINGLAKE, the data points to a value around $452,892 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $349,000 to $359,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SPRINGLAKE's current inventory. Lot size matters here: 1.50 acres versus 1.07 for the typical comp. The active market in SPRINGLAKE includes 7 comparable homes priced from $339,990 to $450,000. Market data shows 78620 prices fallen 6.7% over the last half year. The closest comparable sale, 251 Barton Meadow DR, Dripping Springs TX 78620 at an adjusted $500,166, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus