605 Oakwood LN, Dripping Springs TX 78620

Based on 7 closed sales in SUNSET CANYON, the data points to a value around $1,619,189 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,587,000 to $1,652,000. Buyers shopping in SUNSET CANYON right now would see this as a well positioned option among 5 comparable homes. Being 1,522 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 1 of the comps had one. There are currently 5 similar homes on the market in SUNSET CANYON, ranging from $1,169,700 to $2,250,000. Market data shows SUNSET CANYON prices fallen 7.1% over the last half year. The closest comparable sale, 701 Oakwood LN, Dripping Springs TX 78620 at an adjusted $1,480,839, is with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in SUNSET CANYON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group