961 Panorama DR, 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 $423,612. I'd recommend coming to market at $481,000 to $504,000 to strike the right balance between value and market velocity. In the current HILL CREEK WEST market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 0.43 acre lot (smaller than the 1.64 acre average) is reflected in the estimate. 2 similar homes are currently available in HILL CREEK WEST, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 5.5% in the past 6 months. 840 Scenic CIR, Dripping Springs TX 78620 nearby adjusts to $481,405; with a smaller floor plan and a pool. Based on 7 relevant data points in HILL CREEK WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX