10811 W Cave LOOP, Dripping Springs TX 78620

The estimated value of this property is $662,060, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $897,000 and $941,000. In the current WEST CAVE ESTATES market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's smaller footprint (405 sqft vs the comp average) plays a role in how the market prices it. The 1.23 acre lot (smaller than the 1.55 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in WEST CAVE ESTATES, ranging from $649,900 to $1,189,000. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 310 Saddle Blanket DR, Dripping Springs TX 78620, with an adjusted value of $677,742; a strong comparable. Based on 4 relevant data points in WEST CAVE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX