505 Terrace Canyon DR, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $757,704. Pricing this home between $779,000 and $816,000 would put it in the competitive sweet spot for SUNSET CANYON. Buyers shopping in SUNSET CANYON right now would see this as a well positioned option among 3 comparable homes. Being 147 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (1.51 acres versus the area average of 1.44) contributes to the valuation. Buyers in SUNSET CANYON have 3 comparable options right now, with asking prices between $745,000 and $800,000. Market data shows SUNSET CANYON prices fallen 5.2% over the last half year. The closest comparable sale, 603 Bending Oak DR, Dripping Springs TX 78620 at an adjusted $698,630, is a strong comparable. With 7 comparable sales in SUNSET CANYON, 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