291 Candle Leaf CV, Dripping Springs TX 78620

The market data from 3 similar recent sales in PRESERVE points to a value of approximately $1,041,893. To sell within a reasonable timeframe at fair market value, the $732,000 to $742,000 range is where I'd position this. Among the similar homes currently available in PRESERVE, this price point stands out as competitive. At 248 sqft smaller than the typical comp, the size difference factors into the valuation. At 2.17 acres, the lot is smaller than the 2.46 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in PRESERVE, ranging from $689,900 to $1,199,900. In 78620, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 1013 Drifting Wind RUN, Dripping Springs TX 78620, adjusting to $1,470,046; with a larger floor plan and a pool. The 3 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