702 Blue Hills, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $660,364. To generate strong buyer interest while maximizing value, I'd price this between $682,000 and $693,000. In the current SUNSET CANYON market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 137 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.46 acres, the lot is larger than the 1.41 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in SUNSET CANYON, listed between $605,000 and $800,000. The trend in SUNSET CANYON shows prices have fallen 7.1% in the past 6 months. 518 Clear Creek LN, Dripping Springs TX 78620 nearby adjusts to $595,275; a strong comparable. The 6 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