18129 Compass CIR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $747,210. I'd recommend coming to market at $732,000 to $762,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in WEST CAVE ESTATES, this price positions the property as the most expensive of 6 comparable homes on the market. This home's smaller footprint (154 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 8 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in WEST CAVE ESTATES, listed between $449,900 and $600,000. The trend in 78620 shows prices have fallen 8.3% in the past 6 months. 10621 W Cave LOOP, Dripping Springs TX 78620 nearby adjusts to $780,603; with a larger floor plan. Based on 7 relevant data points in WEST CAVE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX