1031 Canyon View RD, Dripping Springs TX 78620

The estimated value of this property is $587,347, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $576,000 and $599,000. Among the similar homes currently available in SUNSET CANYON, this price point stands out as competitive. The 153 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1993, this home is 7 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in SUNSET CANYON (a seller's market), competition is a factor to consider. Recent trends in SUNSET CANYON show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 1003 Pier Branch RD, Dripping Springs TX 78620, with an adjusted value of $407,510; a strong comparable. Based on 6 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