298 Wrangell WAY, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $425,528. For a well positioned listing in CANNON RANCH, I'd target the $435,000 to $437,000 range. With 7 comparable homes on the market in CANNON RANCH, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 135 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 7 similar homes on the market in CANNON RANCH, ranging from $409,500 to $479,584. Recent trends in CANNON RANCH show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 242 Crater Lake DR, Dripping Springs TX 78620, with an adjusted value of $436,870; 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