1018 Canyon View RD, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $737,452. To generate strong buyer interest while maximizing value, I'd price this between $884,000 and $909,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. This home's larger footprint (346 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. The trend in SUNSET CANYON shows prices have fallen 7.5% in the past 6 months. 1003 Sunset Canyon DR S, Dripping Springs TX 78620 nearby adjusts to $639,490; 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