My analysis of 6 comparable properties puts this home's estimated value at $726,254. Based on how the local market is moving, a list price between $197,000 and $207,000 would position this home well. This would position the home competitively among 4 active listings in SUNSET CANYON. The larger lot (1.72 acres versus the area average of 1.52) contributes to the valuation. Right now, 4 similar properties are competing for buyers in SUNSET CANYON, listed between $200,000 and $800,000. The 6 month price trend in SUNSET CANYON: fallen 5.2%. The best comp here is 1035 Westland Ridge RD, Dripping Springs TX 78620 at an adjusted value of $912,306, a strong comparable. The comp data here (6 sales in SUNSET CANYON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus