10705 Lake Beach DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $361,581. To generate strong buyer interest while maximizing value, I'd price this between $366,000 and $371,000. In the current MOUNTAIN CREEK LAKES market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. Being 652 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1985 construction puts this home 28 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in MOUNTAIN CREEK LAKES; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 6.3% in the past 6 months. 17213 Oak Cliff CIR, Dripping Springs TX 78620 nearby adjusts to $365,955; with a larger floor plan. 7 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