926 DRIFTING WIND RUN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,157,657. For a well positioned listing in PRESERVE PH TWO, I'd target the $667,000 to $677,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in PRESERVE PH TWO. At 3.91 acres, the lot is smaller than the 5.54 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in PRESERVE PH TWO, ranging from $616,990 to $2,499,000. Recent trends in 78620 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 816 Drifting Wind RUN, Dripping Springs TX 78620, with an adjusted value of $1,141,962; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group