174 Carentan CV, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $877,546. To generate strong buyer interest while maximizing value, I'd price this between $637,000 and $647,000. With 5 comparable homes on the market in CALITERRA, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (164 sqft vs the comp average) plays a role in how the market prices it. At 0.53 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in CALITERRA; a seller's market based on recent absorption. The trend in CALITERRA shows prices have fallen 8.2% in the past 6 months. 460 Barnhill LOOP, Dripping Springs TX 78620 nearby adjusts to $795,981; a strong comparable. 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