1004 Canyon Bend DR, Dripping Springs TX 78620

The estimated value of this property is $786,709, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $234,000 and $244,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. At 269 sqft larger than the typical comp, the size difference factors into the valuation. The 1.64 acre lot (larger than the 1.50 acre average) is reflected in the estimate. The active market in SUNSET CANYON includes 4 comparable homes priced from $200,000 to $800,000. Recent trends in SUNSET CANYON show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 1035 Westland Ridge RD, Dripping Springs TX 78620, with an adjusted value of $973,984; with a smaller floor plan. Based on 5 relevant data points in SUNSET CANYON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX