619 Canyon Rim DR, Dripping Springs TX 78620

The market data from 4 similar recent sales in SUNSET CANYON points to a value of approximately $876,402. To sell within a reasonable timeframe at fair market value, the $950,000 to $1,087,000 range is where I'd position this. Against 3 similar active listings in SUNSET CANYON, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 211 sqft larger than the typical comp, the size difference factors into the valuation. At 4.03 acres, the lot is larger than the 2.70 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in SUNSET CANYON, listed between $875,000 and $1,395,000. In SUNSET CANYON, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 1043 Windmill RD, Dripping Springs TX 78620, adjusting to $950,089; with a smaller 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