306 N Canyonwood DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $831,412. For a well positioned listing in SUNSET CANYON, I'd target the $628,000 to $638,000 range. Against 7 similar active listings in SUNSET CANYON, this price point lands at the most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 4 of 6 comparable sales didn't include one. At 3.42 acres, the lot is larger than the 2.34 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 9.1% since 6 months ago. The most comparable recent sale is 4006 Spanish Oak LN, Dripping Springs TX 78620, with an adjusted value of $722,812; with no pool. The 6 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