1037 Sunset Canyon DR, Dripping Springs TX 78620

The market data from 5 similar recent sales in SUNSET CANYON points to a value of approximately $730,728. To sell within a reasonable timeframe at fair market value, the $203,000 to $213,000 range is where I'd position this. Against 3 similar active listings in SUNSET CANYON, this price point lands at the most expensive of 3 comparable homes on the market. At 1.60 acres, the lot is larger than the 1.56 acre comp average, which factors into pricing. With 3 similar homes currently listed in SUNSET CANYON (a balanced market), competition is a factor to consider. In SUNSET CANYON, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1035 Westland Ridge RD, Dripping Springs TX 78620, adjusting to $932,019; 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