10612 W Cave LOOP, Dripping Springs TX 78620

After reviewing 4 recent transactions in WEST CAVE ESTATES, I estimate this property's value at $593,595. A competitive list price for this home right now would fall in the $501,000 to $511,000 range. Buyers shopping in WEST CAVE ESTATES right now would see this as a well positioned option among 7 comparable homes. The 201 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2003 build date influences the valuation. There are currently 7 similar homes on the market in WEST CAVE ESTATES, ranging from $480,000 to $705,000. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 10215 Hill Country Skyline, Dripping Springs TX 78620 carries an adjusted comparable value of $610,386, providing a strong data point. With 4 comparable sales in WEST CAVE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group