10801 W Cave XING, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $511,931. To generate strong buyer interest while maximizing value, I'd price this between $442,000 and $452,000. Against 4 similar active listings in 78620, this price point lands at the most expensive of 4 comparable homes on the market. At 1.47 acres, the lot is smaller than the 2.17 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 7.6% in the past 6 months. 32139 Mirela Anne RD, Dripping Springs TX 78620 nearby adjusts to $550,393; 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