9917 Stratus DR, Dripping Springs TX 78620

The estimated value of this property is $461,910, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $482,000 and $496,000. Against 6 similar active listings in MONTEBELLA, this price point lands at the most affordable of 6 comparable homes on the market. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 6 comparable homes in MONTEBELLA; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 9921 Stratus DR, Dripping Springs TX 78620, with an adjusted value of $445,600; a strong comparable. Based on 3 relevant data points in MONTEBELLA, 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