1005 Sunset Canyon DR S, 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 $609,382. I'd recommend coming to market at $442,000 to $452,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SUNSET CANYON, this price point stands out as competitive. Built in 1985, this home is 9 years older than the average comp, which is reflected in the adjustments. The 1.56 acre lot (larger than the 1.53 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SUNSET CANYON; a buyer's market based on recent absorption. The trend in SUNSET CANYON shows prices have fallen 6.4% in the past 6 months. 4006 Spanish Oak LN, Dripping Springs TX 78620 nearby adjusts to $565,716; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group