235 Kings Canyon DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $464,529. For a well positioned listing in CANNON RANCH, I'd target the $451,000 to $478,000 range. Among the similar homes currently available in CANNON RANCH, this price point stands out as competitive. At 187 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in CANNON RANCH (a seller's market), competition is a factor to consider. Recent trends in CANNON RANCH show home values have fallen 7% since 6 months ago. The most comparable recent sale is 199 Crater Lake DR, Dripping Springs TX 78620, with an adjusted value of $486,997; 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