10604 Creekwood, Dripping Springs TX 78620

Based on 3 closed sales in MOUNTAIN CREEK LAKES, the data points to a value around $550,092 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $446,000 to $456,000. This home's position in the current MOUNTAIN CREEK LAKES market: the most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.89 acres versus 0.72 for the typical comp. 7 similar homes are currently available in MOUNTAIN CREEK LAKES, creating a buyer's market for this price range. Market data shows 78620 prices fallen 6.3% over the last half year. The closest comparable sale, 17837 Panorama DR, Dripping Springs TX 78620 at an adjusted $525,862, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in MOUNTAIN CREEK LAKES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group