602 Terrace Canyon DR, Dripping Springs TX 78620

Taking into account 3 nearby comparable sales, this property's estimated value comes to $657,876. If we were to list this property today, I'd recommend a list price in the $368,000 to $378,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SUNSET CANYON's current inventory. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1986 (8 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. The 6 month price trend in SUNSET CANYON: fallen 5.2%. The best comp here is 1111 N Canyonwood DR, Dripping Springs TX 78620 at an adjusted value of $716,266, a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus