1028 Canyon View RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $695,439. For a well positioned listing in SUNSET CANYON, I'd target the $545,000 to $555,000 range. With 2 comparable homes on the market in SUNSET CANYON, this price positions the property as the most expensive of 2 comparable homes on the market. At 280 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 2 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 $594,795; with a larger floor plan. 4 comparable transactions in SUNSET CANYON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group