10708 W Cave LOOP, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $561,396. For a well positioned listing in 78620, I'd target the $461,000 to $471,000 range. With 3 comparable homes on the market in 78620, this price positions the property as the most expensive of 3 comparable homes on the market. The 291 sqft size difference versus comparable sales is reflected in the adjusted values. The 1993 construction puts this home 8 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78620, ranging from $425,000 to $1,150,000. Recent trends in 78620 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 32139 Mirela Anne RD, Dripping Springs TX 78620, with an adjusted value of $599,622; with a larger floor plan. The 7 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