11227 W West Cave BLVD, Dripping Springs TX 78620

The market data from 4 similar recent sales in WEST CAVE EST points to a value of approximately $759,840. To sell within a reasonable timeframe at fair market value, the $745,000 to $775,000 range is where I'd position this. Against 5 similar active listings in WEST CAVE EST, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The 126 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.45 acres, the lot is smaller than the 1.60 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in WEST CAVE EST, ranging from $695,000 to $1,250,000. In 78620, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 301 Sundance TRL, Dripping Springs TX 78620, adjusting to $695,964; a strong comparable. 4 comparable transactions in WEST CAVE EST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group