2008 Hidden HLS, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $930,428. For a well positioned listing in SUNSET CANYON, I'd target the $590,000 to $600,000 range. Among the similar homes currently available in SUNSET CANYON, this price point stands out as competitive. This home's larger footprint (274 sqft vs the comp average) plays a role in how the market prices it. At 1.96 acres, the lot is larger than the 1.71 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 14039 Timberline TRL, Austin TX 78737, with an adjusted value of $595,055; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group