317 Crosswater LN, Dripping Springs TX 78620

The market data from 7 similar recent sales in CALITERRA points to a value of approximately $931,715. To sell within a reasonable timeframe at fair market value, the $1,053,000 to $1,077,000 range is where I'd position this. In the current CALITERRA market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (352 sqft vs the comp average) plays a role in how the market prices it. At 0.99 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. 3 similar homes are currently available in CALITERRA, creating a seller's market for this price range. In CALITERRA, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 118 Carentan CV, Dripping Springs TX 78620, adjusting to $873,787; with a smaller floor plan. 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