18141 Compass CIR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $581,107. I'd recommend coming to market at $432,000 to $442,000 to strike the right balance between value and market velocity. In the current WEST CAVE ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 187 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2006, this home is 5 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in WEST CAVE ESTATES, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 4.1% in the past 6 months. 10621 W Cave LOOP, Dripping Springs TX 78620 nearby adjusts to $656,197; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group