203 N Canyonwood DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $701,824. To generate strong buyer interest while maximizing value, I'd price this between $549,000 and $559,000. Against 7 similar active listings in SUNSET CANYON, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2023 construction puts this home 28 years newer than the comp average, a factor in the pricing. At 1.47 acres, the lot is smaller than the 2.04 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUNSET CANYON (a balanced market), competition is a factor to consider. The trend in SUNSET CANYON shows prices have fallen 5.3% in the past 6 months. 405 N Canyonwood DR, Dripping Springs TX 78620 nearby adjusts to $798,243; with a smaller floor plan. 7 comparable transactions in SUNSET CANYON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group