230 Sunset RDG, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,292,792. I'd recommend coming to market at $969,000 to $979,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SUNDANCE ESTATES, this price positions the property as the most expensive of 3 comparable homes on the market. At 269 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Right now, 3 similar properties are competing for buyers in SUNDANCE ESTATES, listed between $849,000 and $1,450,000. The trend in SUNDANCE ESTATES shows prices have risen 9.7% in the past 6 months. 402 Lander LN, Dripping Springs TX 78620 nearby adjusts to $1,285,258; with a larger floor plan and no pool. Based on 3 relevant data points in SUNDANCE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX