10406 W Cave LOOP, Dripping Springs TX 78620

Based on 6 closed sales in WEST CAVE ESTATES, the data points to a value around $1,422,180 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,731,000 to $1,781,000. This would position the home competitively among 6 active listings in WEST CAVE ESTATES. This home's larger footprint (291 sqft vs the comp average) plays a role in how the market prices it. Being built in 2002 (8 years older than comps) is factored into the value estimate. Right now, 6 similar properties are competing for buyers in WEST CAVE ESTATES, listed between $1,375,000 and $2,450,000. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 18140 Compass CIR, Dripping Springs TX 78620 at an adjusted $858,730, is with a smaller floor plan. The strength of this estimate comes from 6 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