309 Wrangell WAY, Dripping Springs TX 78620

The market data from 7 similar recent sales in CANNON RANCH points to a value of approximately $517,941. To sell within a reasonable timeframe at fair market value, the $615,000 to $647,000 range is where I'd position this. Against 7 similar active listings in CANNON RANCH, this price point lands at the most affordable of 7 comparable homes on the market. At 232 sqft larger than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in CANNON RANCH, creating a seller's market for this price range. In CANNON RANCH, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 277 Wrangell WAY, Dripping Springs TX 78620, adjusting to $538,916; 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