1015 Canyon VW, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,121,870. To generate strong buyer interest while maximizing value, I'd price this between $757,000 and $767,000. With 7 comparable homes on the market in SUNSET CANYON, this price positions the property as the 0th most expensive of 7 comparable homes on the market. At 405 sqft larger than the typical comp, the size difference factors into the valuation. At 1.97 acres, the lot is larger than the 1.64 acre comp average, which factors into pricing. Buyers in SUNSET CANYON have 7 comparable options right now, with asking prices between $689,900 and $1,049,000. The trend in SUNSET CANYON shows prices have fallen 4.7% in the past 6 months. 1006 Foothills DR, Dripping Springs TX 78620 nearby adjusts to $1,352,739; with a larger floor plan. The 7 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