1013 Oak CIR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $654,764. For a well positioned listing in SUNSET CANYON, I'd target the $710,000 to $718,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. The 1986 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.29 acres, the lot is smaller than the 1.58 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 1044 Sunset Canyon DR S, Dripping Springs TX 78620, with an adjusted value of $481,074; a strong comparable. The 6 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