10400 Little Creek CIR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $424,125. For a well positioned listing in MOUNTAIN CREEK LAKES, I'd target the $452,000 to $454,000 range. With 4 comparable homes on the market in MOUNTAIN CREEK LAKES, this price positions the property as the most affordable of 4 comparable homes on the market. The 2017 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in MOUNTAIN CREEK LAKES, listed between $449,900 and $499,900. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 10808 Timber CIR, Dripping Springs TX 78620, with an adjusted value of $428,614; a strong comparable. The 7 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