511 Roy CRK, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $1,003,452. Based on how the local market is moving, a list price between $814,000 and $824,000 would position this home well. This would position the home competitively among 3 active listings in SUNSET CANYON. At 213 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (2.22 acres versus the area average of 2.13) contributes to the valuation. There are currently 3 similar homes on the market in SUNSET CANYON, ranging from $699,000 to $1,049,000. The 6 month price trend in SUNSET CANYON: fallen 4.7%. The best comp here is 701 W Creek DR, Dripping Springs TX 78620 at an adjusted value of $821,260, with a smaller floor plan. 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