603 N Canyonwood DR, Dripping Springs TX 78620

The market data from 4 similar recent sales in SUNSET CANYON points to a value of approximately $739,910. To sell within a reasonable timeframe at fair market value, the $734,000 to $798,000 range is where I'd position this. In the current SUNSET CANYON market with 3 similar homes available, this price represents the 0th most expensive of 3 comparable homes on the market. The 2005 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 1.54 acres, the lot is larger than the 1.43 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in SUNSET CANYON, ranging from $749,000 to $750,000. In SUNSET CANYON, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 701 W Creek DR, Dripping Springs TX 78620, adjusting to $681,468; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group