11230 W Cave CIR, Dripping Springs TX 78620

Based on 3 closed sales in WEST CAVE ESTATE, the data points to a value around $687,294 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $667,000 to $708,000. Relative to what's currently available in WEST CAVE ESTATE, this home would be the 2nd least expensive of 5 comparable homes on the market. Being built in 2001 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 2.06 acres versus 2.00 for the typical comp. Current inventory shows 5 comparable homes in WEST CAVE ESTATE; a balanced market based on recent absorption. The closest comparable sale, 10905 W Cave BLVD, Dripping Springs TX 78620 at an adjusted $731,135, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in WEST CAVE ESTATE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group