1301 Oak Meadow DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $758,420. To generate strong buyer interest while maximizing value, I'd price this between $777,000 and $798,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. Being 194 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.24 acres, the lot is smaller than the 1.44 acre comp average, which factors into pricing. The active market in SUNSET CANYON includes 3 comparable homes priced from $745,000 to $800,000. The trend in SUNSET CANYON shows prices have fallen 8.5% in the past 6 months. 518 Clear Creek LN, Dripping Springs TX 78620 nearby adjusts to $650,948; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group