1001 Oak Meadow, Dripping Springs TX 78620

3 recent sales within a mile of this address suggest a current value of $1,124,366. My recommended list price range for this property would be $1,134,000 to $1,282,000. In the current SUNSET CANYON market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (154 sqft vs the comp average) plays a role in how the market prices it. The 1.51 acre lot (smaller than the 1.67 acre average) is reflected in the estimate. 3 similar homes are currently available in SUNSET CANYON, creating a buyer's market for this price range. In SUNSET CANYON, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 626 Canyon Rim DR, Dripping Springs TX 78620, adjusting to $1,045,295; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group