206 Canal DR, Dripping Springs TX 78620

Based on 6 closed sales in CALITERRA, the data points to a value around $901,092 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $982,000 to $1,003,000. This pricing would rank the home as the most affordable of 4 comparable homes on the market in CALITERRA's current inventory. At 237 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.23 acres versus 0.26 for the typical comp. With 4 similar homes currently listed in CALITERRA (a balanced market), competition is a factor to consider. Market data shows CALITERRA prices risen 22% over the last half year. The closest comparable sale, 165 Carentan CV, Dripping Springs TX 78620 at an adjusted $1,002,966, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in CALITERRA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group