1018 Foothills DR, Dripping Springs TX 78620

The estimated value of this property is $781,056, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $241,000 and $251,000. Among the similar homes currently available in SUNSET CANYON, this price point stands out as competitive. The 259 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Current inventory shows 3 comparable homes in SUNSET CANYON; a buyer's market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 1021 Canyon View RD, Dripping Springs TX 78620, with an adjusted value of $700,580; with a smaller floor plan and no pool. 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