221 Kings Canyon DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in CANNON RANCH points to a value of approximately $475,671. To sell within a reasonable timeframe at fair market value, the $488,000 to $514,000 range is where I'd position this. With 7 comparable homes on the market in CANNON RANCH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 112 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in CANNON RANCH have 7 comparable options right now, with asking prices between $464,990 and $545,000. In CANNON RANCH, home values have fallen approximately 6.4% over the past 6 months. One of the strongest data points is 307 Ranier WAY, Dripping Springs TX 78620, adjusting to $449,996; a strong comparable. The 7 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