1011 Oak CIR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,278,795. I'd recommend coming to market at $624,000 to $634,000 to strike the right balance between value and market velocity. In the current SUNSET CANYON market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 2017, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 1.80 acre lot (larger than the 1.71 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. The trend in SUNSET CANYON shows prices have fallen 5.2% in the past 6 months. 209 N Canyonwood DR, Dripping Springs TX 78620 nearby adjusts to $1,384,940; with a larger floor plan. Based on 3 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