10072 West Cave LOOP, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $677,873. For a well positioned listing in WEST CAVE ESTATES, I'd target the $642,000 to $708,000 range. In the current WEST CAVE ESTATES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 895 sqft size difference versus comparable sales is reflected in the adjusted values. The 2001 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in WEST CAVE ESTATES; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 18140 Compass CIR, Dripping Springs TX 78620, with an adjusted value of $641,602; with a larger floor plan. 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