18321 Shepherds Corral, Dripping Springs TX 78620

After reviewing 7 recent transactions in WEST CAVE ESTATES, I estimate this property's value at $574,100. A competitive list price for this home right now would fall in the $484,000 to $494,000 range. Relative to what's currently available in WEST CAVE ESTATES, this home would be the most expensive of 2 comparable homes on the market. At 11 years older than typical comps, the 2001 build date influences the valuation. The larger lot (1.36 acres versus the area average of 0.68) contributes to the valuation. With 2 similar homes currently listed in WEST CAVE ESTATES (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 4.7% over the last 6 months. A similar home at 10621 W Cave LOOP, Dripping Springs TX 78620 carries an adjusted comparable value of $696,395, providing a strong data point. The comp data here (7 sales in WEST CAVE ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus