475 S Canyonwood S. DR S, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $910,980. A competitive list price for this home right now would fall in the $227,000 to $237,000 range. This would position the home competitively among 7 active listings in 78620. This home's larger footprint (112 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 6 of the 7 comps lacked one. Right now, 7 similar properties are competing for buyers in 78620, listed between $200,000 and $784,500. Prices in 78620 have fallen 6.4% over the last 6 months. A similar home at 1024 Hidden Hills DR, Dripping Springs TX 78620 carries an adjusted comparable value of $1,243,050, providing a strong data point. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group