119 Wrangell WAY, Dripping Springs TX 78620

After reviewing 7 recent transactions in CANNON RANCH, I estimate this property's value at $423,741. A competitive list price for this home right now would fall in the $439,000 to $441,000 range. This would position the home competitively among 7 active listings in CANNON RANCH. At 105 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in CANNON RANCH (a seller's market), competition is a factor to consider. Prices in CANNON RANCH have fallen 6.4% over the last 6 months. A similar home at 193 Crater Lake DR, Dripping Springs TX 78620 carries an adjusted comparable value of $411,724, providing a strong data point. With 7 comparable sales in CANNON RANCH, 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