802 Oakwood LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $720,738. To generate strong buyer interest while maximizing value, I'd price this between $192,000 and $202,000. Among the similar homes currently available in SUNSET CANYON, this price point stands out as competitive. At 1.62 acres, the lot is larger than the 1.48 acre comp average, which factors into pricing. With 4 similar homes currently listed in SUNSET CANYON (a balanced market), competition is a factor to consider. The trend in SUNSET CANYON shows prices have fallen 5.2% in the past 6 months. 1209 Oak Meadow DR, Dripping Springs TX 78620 nearby adjusts to $794,314; a strong comparable. 6 comparable transactions in SUNSET CANYON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group