10943 West Cave BLVD, Dripping Springs TX 78620

After reviewing 3 recent transactions in 78620, I estimate this property's value at $606,427. A competitive list price for this home right now would fall in the $449,000 to $459,000 range. This home's position in the current 78620 market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (491 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.75 acres versus the area average of 1.29) contributes to the valuation. The active market in 78620 includes 7 comparable homes priced from $425,000 to $630,000. Prices in 78620 have fallen 6.6% over the last 6 months. A similar home at 10621 W Cave LOOP, Dripping Springs TX 78620 carries an adjusted comparable value of $668,386, providing a strong data point. The comp data here (3 sales in 78620) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus