11220 W Cave CIR, Dripping Springs TX 78620

My analysis of 3 comparable properties puts this home's estimated value at $592,084. Based on how the local market is moving, a list price between $446,000 and $456,000 would position this home well. Buyers shopping in WEST CAVE ESTATE right now would see this as a well positioned option among 4 comparable homes. This home's smaller footprint (181 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (1.81 acres versus the area average of 1.96) contributes to the valuation. There are currently 4 similar homes on the market in WEST CAVE ESTATE, ranging from $393,750 to $849,000. The 6 month price trend in 78620: fallen 6.3%. The best comp here is 10978 W Cave BLVD, Dripping Springs TX 78620 at an adjusted value of $619,636, with a larger floor plan. The comp data here (3 sales in WEST CAVE ESTATE) 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