18005 Montevista CV, Dripping Springs TX 78620

Based on 3 closed sales in WEST CAVE ESTATE, the data points to a value around $633,423 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $815,000 to $887,000. This would position the home competitively among 4 active listings in WEST CAVE ESTATE. This home's smaller footprint (105 sqft vs the comp average) plays a role in how the market prices it. Being built in 1986 (8 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in WEST CAVE ESTATE, ranging from $649,900 to $1,189,000. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 17909 Westward Look, Dripping Springs TX 78620 at an adjusted $584,818, is with a pool. The strength of this estimate comes from 3 directly comparable sales in WEST CAVE ESTATE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group