Reviewing the most recent comparable transactions, this home's market value falls around $740,613. For a well positioned listing in SUNSET CANYON, I'd target the $718,000 to $763,000 range. With 4 comparable homes on the market in SUNSET CANYON, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 135 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 4 comparable homes in SUNSET CANYON; a balanced market based on recent absorption. Recent trends in SUNSET CANYON show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 701 W Creek DR, Dripping Springs TX 78620, with an adjusted value of $723,137; a strong comparable. 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
