17200 LAKE SHORE DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in MOUNTAIN CREEK LAKES points to a value of approximately $680,713. To sell within a reasonable timeframe at fair market value, the $628,000 to $726,000 range is where I'd position this. In the current MOUNTAIN CREEK LAKES market with 0 similar homes available, this price represents no active comparable homes on the market. This home's larger footprint (594 sqft vs the comp average) plays a role in how the market prices it. At 0.60 acres, the lot is smaller than the 0.84 acre comp average, which factors into pricing. In 78620, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 10602 Creekwood CIR, Dripping Springs TX 78620, adjusting to $563,643; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group