1004 Foothills DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $784,928. I'd recommend coming to market at $785,000 to $801,000 to strike the right balance between value and market velocity. In the current SUNSET CANYON market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. This home's larger footprint (164 sqft vs the comp average) plays a role in how the market prices it. Built in 1985, this home is 5 years older than the average comp, which is reflected in the adjustments. Buyers in SUNSET CANYON have 4 comparable options right now, with asking prices between $649,000 and $800,000. The trend in SUNSET CANYON shows prices have fallen 4.3% in the past 6 months. 4006 Spanish Oak LN, Dripping Springs TX 78620 nearby adjusts to $675,100; with a smaller floor plan. Based on 7 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