355 Bridge Water LOOP, Dripping Springs TX 78620

The market data from 4 similar recent sales in CALITERRA points to a value of approximately $841,270. To sell within a reasonable timeframe at fair market value, the $631,000 to $641,000 range is where I'd position this. Against 5 similar active listings in CALITERRA, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The 367 sqft size difference versus comparable sales is reflected in the adjusted values. The 2024 construction puts this home 8 years newer than the comp average, a factor in the pricing. The active market in CALITERRA includes 5 comparable homes priced from $549,109 to $1,400,000. In CALITERRA, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 222 Canal DR, Dripping Springs TX 78620, adjusting to $867,664; with a larger floor plan and a pool. The 4 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