500 N Canyonwood DR, Dripping Springs TX 78620

The estimated value of this property is $834,012, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $821,000 and $967,000. With 3 comparable homes on the market in SUNSET CANYON, this price positions the property as the most expensive of 3 comparable homes on the market. The 1.43 acre lot (smaller than the 1.66 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in SUNSET CANYON, ranging from $649,000 to $1,049,000. Recent trends in SUNSET CANYON show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 14039 Timberline TRL, Austin TX 78737, with an adjusted value of $545,168; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group