1003 Sundance Ridge RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $855,839. For a well positioned listing in SUNSET CANYON, I'd target the $881,000 to $904,000 range. With 3 comparable homes on the market in SUNSET CANYON, this price positions the property as the most expensive of 3 comparable homes on the market. At 148 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Current inventory shows 3 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 11.8% since 6 months ago. The most comparable recent sale is 1024 Hidden Hills DR, Dripping Springs TX 78620, with an adjusted value of $1,278,726; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group