1040 Sunset Canyon DR S, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $727,521. To generate strong buyer interest while maximizing value, I'd price this between $183,000 and $193,000. Against 3 similar active listings in SUNSET CANYON, this price point lands at the most expensive of 3 comparable homes on the market. The 2003 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 1.61 acres, the lot is larger than the 1.49 acre comp average, which factors into pricing. The active market in SUNSET CANYON includes 3 comparable homes priced from $200,000 to $800,000. The trend in SUNSET CANYON shows prices have fallen 8.5% in the past 6 months. 1035 Westland Ridge RD, Dripping Springs TX 78620 nearby adjusts to $901,698; a strong comparable. The 4 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