11204 W Cave BLVD, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $641,937. I'd recommend coming to market at $457,000 to $467,000 to strike the right balance between value and market velocity. Against 5 similar active listings in WEST CAVE ESTATE, this price point lands at the most expensive of 5 comparable homes on the market. At 254 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.60 acre lot (smaller than the 1.74 acre average) is reflected in the estimate. 5 similar homes are currently available in WEST CAVE ESTATE, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.2% in the past 6 months. 10978 W Cave BLVD, Dripping Springs TX 78620 nearby adjusts to $612,445; with a larger floor plan. Based on 3 relevant data points in WEST CAVE ESTATE, 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