17932 Turkey Trot TRL, Dripping Springs TX 78620

The market data from 7 similar recent sales in WEST CAVE ESTATES points to a value of approximately $868,047. To sell within a reasonable timeframe at fair market value, the $824,000 to $1,045,000 range is where I'd position this. With 7 comparable homes on the market in WEST CAVE ESTATES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 2006 construction puts this home 7 years older than the comp average, a factor in the pricing. At 4.01 acres, the lot is larger than the 0.86 acre comp average, which factors into pricing. 7 similar homes are currently available in WEST CAVE ESTATES, creating a buyer's market for this price range. In 78620, home values have fallen approximately 6.3% over the past 6 months. One of the strongest data points is 18140 Compass CIR, Dripping Springs TX 78620, adjusting to $817,460; with a larger 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