1002 N Canyonwood DR, Dripping Springs TX 78620

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $706,555. Pricing this home between $755,000 and $794,000 would put it in the competitive sweet spot for SUNSET CANYON. Relative to what's currently available in SUNSET CANYON, this home would be the most expensive of 2 comparable homes on the market. The larger floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 4 of the 5 comps lacked one. With 2 similar homes currently listed in SUNSET CANYON (a seller's market), competition is a factor to consider. Market data shows SUNSET CANYON prices fallen 4.7% over the last half year. The closest comparable sale, 504 Terrace Canyon DR, Dripping Springs TX 78620 at an adjusted $793,951, is a strong comparable. The comp data here (5 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