10806 Bubbas BLF, Dripping Springs TX 78620

The market data from 3 similar recent sales in WEST CAVE ESTATES points to a value of approximately $990,387. To sell within a reasonable timeframe at fair market value, the $846,000 to $856,000 range is where I'd position this. Among the similar homes currently available in WEST CAVE ESTATES, this price point stands out as competitive. This home's smaller footprint (339 sqft vs the comp average) plays a role in how the market prices it. At 1.50 acres, the lot is larger than the 1.21 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WEST CAVE ESTATES, ranging from $879,000 to $1,560,000. In 78620, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 18140 Compass CIR, Dripping Springs TX 78620, adjusting to $814,999; with a larger floor plan. The 3 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