10616 W Cave LOOP, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in WEST CAVE ESTATES) supports an estimated value of $546,099. The data suggests a list price between $413,000 and $423,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in WEST CAVE ESTATES, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (197 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1989 (18 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in WEST CAVE ESTATES; a buyer's market based on recent absorption. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 10105 Twin Lake LOOP, Dripping Springs TX 78620 carries an adjusted comparable value of $457,909, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus