18515 The Entrance RD, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $932,207. Based on how the local market is moving, a list price between $769,000 and $779,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in WEST CAVE ESTATES's current inventory. At 8 years older than typical comps, the 2002 build date influences the valuation. The larger lot (3.59 acres versus the area average of 1.03) contributes to the valuation. With 7 similar homes currently listed in WEST CAVE ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 6.2%. The best comp here is 18003 Linkhill DR, Dripping Springs TX 78620 at an adjusted value of $652,431, with a smaller floor plan. 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