512 N Canyonwood DR, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $792,597. Pricing this home between $801,000 and $842,000 would put it in the competitive sweet spot for SUNSET CANYON. This home's position in the current SUNSET CANYON market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The 102 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.46 acres versus the area average of 1.62) contributes to the valuation. Current inventory shows 6 comparable homes in SUNSET CANYON; a buyer's market based on recent absorption. Market data shows SUNSET CANYON prices fallen 8.5% over the last half year. The closest comparable sale, 701 W Creek DR, Dripping Springs TX 78620 at an adjusted $724,625, 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