10076 West Cave LOOP, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $700,233. To generate strong buyer interest while maximizing value, I'd price this between $480,000 and $490,000. With 7 comparable homes on the market in WEST CAVE ESTATES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 257 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.02 acres, the lot is smaller than the 1.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WEST CAVE ESTATES; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 5% in the past 6 months. 10215 Hill Country Skyline, Dripping Springs TX 78620 nearby adjusts to $647,246; with a smaller floor plan. 3 comparable transactions in WEST CAVE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group