10403 Little Creek CIR, Dripping Springs TX 78620

After reviewing 3 recent transactions in MOUNTAIN CREEK LAKES, I estimate this property's value at $463,323. A competitive list price for this home right now would fall in the $449,000 to $477,000 range. This home's position in the current MOUNTAIN CREEK LAKES market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The larger lot (0.48 acres versus the area average of 0.45) contributes to the valuation. Right now, 5 similar properties are competing for buyers in MOUNTAIN CREEK LAKES, listed between $455,000 and $499,900. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 17213 Oak Cliff CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $472,175, providing a strong data point. With 3 comparable sales in MOUNTAIN CREEK LAKES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group