1002 Pier Branch RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $691,025. For a well positioned listing in SUNSET CANYON, I'd target the $456,000 to $466,000 range. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. The smaller floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.56 acres, the lot is smaller than the 1.60 acre comp average, which factors into pricing. Buyers in SUNSET CANYON have 5 comparable options right now, with asking prices between $425,000 and $950,000. Recent trends in SUNSET CANYON show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 303 N Canyonwood DR, Dripping Springs TX 78620, with an adjusted value of $759,623; with a pool. 7 comparable transactions in SUNSET CANYON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group