305 N Canyonwood DR, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $648,576. If we were to list this property today, I'd recommend a list price in the $178,000 to $188,000 range. This would position the home competitively among 4 active listings in SUNSET CANYON. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.51 acres versus 1.44 for the typical comp. Current inventory shows 4 comparable homes in SUNSET CANYON; a buyer's market based on recent absorption. The 6 month price trend in SUNSET CANYON: fallen 8.5%. The best comp here is 518 Clear Creek LN, Dripping Springs TX 78620 at an adjusted value of $605,724, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SUNSET CANYON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group