18018 Montecito BLVD, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $606,881. Pricing this home between $508,000 and $518,000 would put it in the competitive sweet spot for WEST CAVE ESTATE. This would position the home competitively among 6 active listings in WEST CAVE ESTATE. The smaller lot (1.53 acres versus the area average of 1.58) contributes to the valuation. The active market in WEST CAVE ESTATE includes 6 comparable homes priced from $425,000 to $1,100,000. Market data shows 78620 prices fallen 6.7% over the last half year. The closest comparable sale, 920 Barton Creek DR, Dripping Springs TX 78620 at an adjusted $763,883, is a strong comparable. With 7 comparable sales in WEST CAVE ESTATE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group