1004 Canyon View RD, Dripping Springs TX 78620

My analysis of 3 comparable properties puts this home's estimated value at $756,285. Based on how the local market is moving, a list price between $651,000 and $661,000 would position this home well. This would position the home competitively among 7 active listings in SUNSET CANYON. At 375 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.54 acres versus the area average of 1.62) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SUNSET CANYON, listed between $625,000 and $825,000. The 6 month price trend in SUNSET CANYON: fallen 4.5%. The best comp here is 1003 Sunset Canyon DR S, Dripping Springs TX 78620 at an adjusted value of $669,457, with a smaller floor plan. With 3 comparable sales in SUNSET CANYON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group