900 Glosson Ranch RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $533,089. I'd recommend coming to market at $517,000 to $549,000 to strike the right balance between value and market velocity. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in THOMAS B LEE SURVEY. At 866 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 7 years older than the average comp, which is reflected in the adjustments. The trend in 78620 shows prices have fallen 4.1% in the past 6 months. 215 Vail River RD, Dripping Springs TX 78620 nearby adjusts to $445,903; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group