910 Morgan Hill DR, Dripping Springs TX 78620

7 recent sales in the surrounding area of this address suggest a current value of $547,437. My recommended list price range for this property would be $346,000 to $356,000. Against 7 similar active listings in MEADOW OAKS, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (959 sqft vs the comp average) plays a role in how the market prices it. Built in 1992, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in MEADOW OAKS; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 400 Meadow Oaks DR, Dripping Springs TX 78620, adjusting to $519,519; with a larger floor plan. With 7 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