506 Oak Crest DR, Dripping Springs TX 78620

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $700,640. Pricing this home between $178,000 and $188,000 would put it in the competitive sweet spot for SUNSET CANYON. This home's position in the current SUNSET CANYON market: the most expensive of 7 comparable homes on the market among comparable properties. At 252 sqft smaller than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 2004 build date influences the valuation. 7 similar homes are currently available in SUNSET CANYON, creating a buyer's market for this price range. Market data shows SUNSET CANYON prices fallen 8.5% over the last half year. The closest comparable sale, 518 Clear Creek LN, Dripping Springs TX 78620 at an adjusted $612,771, is with a larger floor plan. With 5 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