Ed's Opinion of Value

$565,095 Ed's Estimate: $838,872 $1,085,658
Lowest Comp Recommended List: $863,000 to $991,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $838,872. For a well positioned listing in DRIPPING SPRINGS RANCH, I'd target the $863,000 to $991,000 range. Among the similar homes currently available in DRIPPING SPRINGS RANCH, this price point stands out as competitive. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. At 11.84 acres, the lot is larger than the 0.93 acre comp average, which factors into pricing. Recent trends in 78620 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 287 Stone River DR, Austin TX 78737, with an adjusted value of $774,198; a strong comparable. 7 comparable transactions in DRIPPING SPRINGS RANCH 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
3 Beds
4 Baths 3 Full, 1 Half
2,839 Sq Ft
11.84 Acres
2001 Built
3 Garage

About This Property

Outstanding example of Texas Regional architecture by Polkinghorn Group Architects~ Built around native wildflower courtyard and fountain~this home has a one bedroom main house with two adjacent bedroom suites~Clerestory living room open to dining & kitchen as well as access to courtyard or back porch~ Master has sitting area w/ private east facing porch~Stone counters~private office~Separate Studio Epitomy of Hill Country Ranch living mins from Austin. Guest Accommodations: Yes Restrictions: Yes

Features

  • Breakfast Bar
  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Farm
Flooring Carpet, Concrete
Cooling Central Air
Heating Central
Exterior Private Yard
County Hays
MLS # 3267070
Garage 3 spaces

Tax Information

Annual Taxes (MLS) $3,914 (2011)

Listing History

MLS# 3267070 311 days
Dec 28, 2012 Off Market
Nov 16, 2012 Price Change $818,500
Jan 29, 2012 Listed $849,000

Frequently Asked Questions About 1243 CANYON VIEW RD, Dripping Springs TX 78620

When was 1243 CANYON VIEW RD, Dripping Springs TX 78620 built?

1243 CANYON VIEW RD, Dripping Springs TX 78620 was built in 2001.

How much does 1243 CANYON VIEW RD, Dripping Springs TX 78620 cost?

1243 CANYON VIEW RD, Dripping Springs TX 78620 sold on December 28, 2012. Contact us for sale price details.

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