119 N Canyonwood DR, Dripping Springs TX 78620

My analysis of 4 comparable properties puts this home's estimated value at $928,163. Based on how the local market is moving, a list price between $626,000 and $636,000 would position this home well. This would position the home competitively among 7 active listings in SUNSET CANYON. The 273 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (2.00 acres versus the area average of 1.67) contributes to the valuation. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. The 6 month price trend in SUNSET CANYON: fallen 9.1%. The best comp here is 1010 Sunset Canyon DR S, Dripping Springs TX 78620 at an adjusted value of $1,026,572, with a larger floor plan and a pool. With 4 comparable sales in SUNSET CANYON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group