941 PANORAMA DR, Dripping Springs TX 78620

Based on 3 closed sales in HILL CREEK WEST, the data points to a value around $383,352 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $418,000 to $436,000. Buyers shopping in HILL CREEK WEST right now would see this as a well positioned option among 6 comparable homes. Being built in 1998 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.49 acres versus 0.34 for the typical comp. Buyers in HILL CREEK WEST have 6 comparable options right now, with asking prices between $350,000 and $475,000. Market data shows 78620 prices fallen 6.1% over the last half year. The closest comparable sale, 840 Scenic CIR, Dripping Springs TX 78620 at an adjusted $436,444, is with a larger floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in HILL CREEK WEST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group