9815 Grand Summit BLVD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $2,254,801. For a well positioned listing in 78620, I'd target the $2,187,000 to $2,322,000 range. In the current 78620 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 19.81 acres, the lot is larger than the 1.29 acre comp average, which factors into pricing. 1 similar homes are currently available in 78620, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 8309 Verde Mesa CV, Austin TX 78738, with an adjusted value of $2,299,016; with a smaller floor plan and a pool. 7 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group