17900 Westward Look, Dripping Springs TX 78620

The market data from 4 similar recent sales in WEST CAVE ESTATE points to a value of approximately $552,324. To sell within a reasonable timeframe at fair market value, the $475,000 to $485,000 range is where I'd position this. Against 4 similar active listings in WEST CAVE ESTATE, this price point lands at the most expensive of 4 comparable homes on the market. The 107 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.68 acres, the lot is smaller than the 1.82 acre comp average, which factors into pricing. With 4 similar homes currently listed in WEST CAVE ESTATE (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 6.3% over the past 6 months. One of the strongest data points is 32139 Mirela Anne RD, Dripping Springs TX 78620, adjusting to $584,500; a strong comparable. 4 comparable transactions in WEST CAVE ESTATE 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