9905 Little Creek CIR, Dripping Springs TX 78620

The market data from 7 similar recent sales in VALLEY LAKE HILLS points to a value of approximately $474,649. To sell within a reasonable timeframe at fair market value, the $460,000 to $489,000 range is where I'd position this. Against 4 similar active listings in VALLEY LAKE HILLS, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 146 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 4 comparable homes in VALLEY LAKE HILLS; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 6.6% over the past 6 months. One of the strongest data points is 10007 N LONGHORN SKWY, Dripping Springs TX 78620, adjusting to $447,075; a strong comparable. 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