10612 Creekwood CIR, Dripping Springs TX 78620

The market data from 5 similar recent sales in MOUNTAIN CREEK LAKES points to a value of approximately $511,204. To sell within a reasonable timeframe at fair market value, the $496,000 to $527,000 range is where I'd position this. In the current MOUNTAIN CREEK LAKES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.61 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in MOUNTAIN CREEK LAKES, ranging from $480,000 to $499,000. In 78620, home values have fallen approximately 6.4% over the past 6 months. One of the strongest data points is 17213 Oak Cliff CIR, Dripping Springs TX 78620, adjusting to $523,677; with a smaller floor plan. 5 comparable transactions in MOUNTAIN CREEK LAKES 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