10613 Knob HL, Dripping Springs TX 78620

Based on 7 closed sales in MOUNTAIN CREEK LAKES, the data points to a value around $395,260 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $416,000 to $429,000. Relative to what's currently available in MOUNTAIN CREEK LAKES, this home would be the most affordable of 4 comparable homes on the market. The 167 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2020 (9 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in MOUNTAIN CREEK LAKES (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 4.2% over the last half year. The closest comparable sale, 10602 Creekwood CIR, Dripping Springs TX 78620 at an adjusted $428,662, is with a larger floor plan. The strength of this estimate comes from 7 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