1013 Sundance Ridge RD, Dripping Springs TX 78620

The market data from 5 similar recent sales in SUNSET CANYON points to a value of approximately $764,582. To sell within a reasonable timeframe at fair market value, the $212,000 to $222,000 range is where I'd position this. In the current SUNSET CANYON market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 2.17 acres, the lot is larger than the 1.87 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SUNSET CANYON; a buyer's market based on recent absorption. In SUNSET CANYON, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 405 N Canyonwood DR, Dripping Springs TX 78620, adjusting to $760,744; a strong comparable. The 5 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