Taking into account 4 nearby comparable sales, this property's estimated value comes to $868,595. If we were to list this property today, I'd recommend a list price in the $608,000 to $618,000 range. This pricing would rank the home as the most expensive of 5 comparable homes on the market in SUNSET CANYON's current inventory. At 317 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.97 acres versus 1.87 for the typical comp. There are currently 5 similar homes on the market in SUNSET CANYON, ranging from $599,000 to $1,049,000. The 6 month price trend in SUNSET CANYON: fallen 7.9%. The best comp here is 701 W Creek DR, Dripping Springs TX 78620 at an adjusted value of $779,328, with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus