10400 West Cave LOOP, Dripping Springs TX 78620

Based on 7 closed sales in WEST CAVE ESTATES, the data points to a value around $537,283 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $519,000 to $551,000. Buyers shopping in WEST CAVE ESTATES right now would see this as a well positioned option among 7 comparable homes. Being 243 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2000 (16 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in WEST CAVE ESTATES (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 6.2% over the last half year. The closest comparable sale, 10621 W Cave LOOP, Dripping Springs TX 78620 at an adjusted $671,836, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in WEST CAVE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group