18000 Montevista CV, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $689,855. To generate strong buyer interest while maximizing value, I'd price this between $750,000 and $809,000. In the current WEST CAVE EST market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (121 sqft vs the comp average) plays a role in how the market prices it. At 1.85 acres, the lot is larger than the 1.81 acre comp average, which factors into pricing. The active market in WEST CAVE EST includes 5 comparable homes priced from $650,000 to $939,900. The trend in 78620 shows prices have fallen 6.7% in the past 6 months. 10905 W Cave BLVD, Dripping Springs TX 78620 nearby adjusts to $749,570; a strong comparable. 5 comparable transactions in WEST CAVE EST 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