10230 W Cave LOOP, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $823,286. To generate strong buyer interest while maximizing value, I'd price this between $818,000 and $819,000. With 7 comparable homes on the market in WEST CAVE ESTATES, this price positions the property as the most expensive of 7 comparable homes on the market. At 1.28 acres, the lot is smaller than the 1.34 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in WEST CAVE ESTATES, listed between $795,000 and $1,150,000. The trend in 78620 shows prices have fallen 2.9% in the past 6 months. 18140 Compass CIR, Dripping Springs TX 78620 nearby adjusts to $730,517; with a larger floor plan. The 3 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