10602 Lake Park DR, Dripping Springs TX 78620

The estimated value of this property is $650,972, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $638,000 and $664,000. With 0 comparable homes on the market in MOUNTAIN CREEK LAKES, this price positions the property as no active comparable homes on the market. Being 849 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2008, this home is 6 years newer than the average comp, which is reflected in the adjustments. Recent trends in 78620 show home values have fallen 9% since 6 months ago. The most comparable recent sale is 251 Barton Meadow DR, Dripping Springs TX 78620, with an adjusted value of $511,798; with a smaller floor plan. Based on 3 relevant data points in MOUNTAIN CREEK LAKES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX