611 Terrace Canyon DR, Dripping Springs TX 78620

After reviewing 7 recent transactions in SUNSET CANYON, I estimate this property's value at $1,557,957. A competitive list price for this home right now would fall in the $1,256,000 to $1,266,000 range. This would position the home competitively among 5 active listings in SUNSET CANYON. This home's larger footprint (822 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 1 of the 7 comps lacked one. Right now, 5 similar properties are competing for buyers in SUNSET CANYON, listed between $1,172,700 and $2,495,000. Prices in SUNSET CANYON have fallen 9.1% over the last 6 months. A similar home at 713 OAKWOOD LN, Dripping Springs TX 78620 carries an adjusted comparable value of $1,560,919, providing a strong data point. 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