9929 Little Creek CIR, Dripping Springs TX 78620

After reviewing 3 recent transactions in VALLEY LAKE HILLS, I estimate this property's value at $442,696. A competitive list price for this home right now would fall in the $466,000 to $493,000 range. Buyers shopping in VALLEY LAKE HILLS right now would see this as a well positioned option among 4 comparable homes. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. With 4 similar homes currently listed in VALLEY LAKE HILLS (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 6.1% over the last 6 months. A similar home at 10007 N LONGHORN SKWY, Dripping Springs TX 78620 carries an adjusted comparable value of $422,850, providing a strong data point. With 3 comparable sales in VALLEY LAKE HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group