10821 West Cave LOOP, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $511,245. I'd recommend coming to market at $429,000 to $439,000 to strike the right balance between value and market velocity. Among the similar homes currently available in WEST CAVE ESTATES, this price point stands out as competitive. Built in 1997, this home is 12 years older than the average comp, which is reflected in the adjustments. The 1.60 acre lot (larger than the 0.48 acre average) is reflected in the estimate. 7 similar homes are currently available in WEST CAVE ESTATES, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 4.8% in the past 6 months. 10105 Twin Lake LOOP, Dripping Springs TX 78620 nearby adjusts to $475,359; a strong comparable. Based on 7 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