10101 West Cave LOOP, Dripping Springs TX 78620

After reviewing 7 recent transactions in WEST CAVE ESTATES, I estimate this property's value at $515,607. A competitive list price for this home right now would fall in the $431,000 to $441,000 range. Buyers shopping in WEST CAVE ESTATES right now would see this as a well positioned option among 7 comparable homes. At 16 years older than typical comps, the 1994 build date influences the valuation. The larger lot (1.19 acres versus the area average of 0.59) contributes to the valuation. There are currently 7 similar homes on the market in WEST CAVE ESTATES, ranging from $449,999 to $640,000. Prices in 78620 have fallen 4.1% over the last 6 months. A similar home at 10105 Twin Lake LOOP, Dripping Springs TX 78620 carries an adjusted comparable value of $476,857, providing a strong data point. With 7 comparable sales in WEST CAVE ESTATES, 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