261 Cathedral Mountain DR, Dripping Springs TX 78620

3 recent sales within a few blocks of this address suggest a current value of $502,699. My recommended list price range for this property would be $525,000 to $528,000. In the current BIG SKY RANCH market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 110 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.17 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Buyers in BIG SKY RANCH have 7 comparable options right now, with asking prices between $485,990 and $599,990. In BIG SKY RANCH, home values have fallen approximately 19.7% over the past 6 months. One of the strongest data points is 462 El Capitan LOOP, Dripping Springs TX 78620, adjusting to $525,489; with a larger floor plan. Based on 3 relevant data points in BIG SKY RANCH, 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