311 N CANYONWOOD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $665,045. I'd recommend coming to market at $529,000 to $539,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SUNSET CANYON. At 203 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2010, this home is 10 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in SUNSET CANYON, creating a balanced market for this price range. The trend in SUNSET CANYON shows prices have fallen 9.1% in the past 6 months. 1035 Westland Ridge RD, Dripping Springs TX 78620 nearby adjusts to $887,476; with a larger floor plan. Based on 6 relevant data points in SUNSET CANYON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX