My analysis of 3 comparable properties puts this home's estimated value at $418,316. Based on how the local market is moving, a list price between $448,000 and $497,000 would position this home well. Buyers shopping in MOUNTAIN CREEK LAKES right now would see this as a well positioned option among 4 comparable homes. The smaller floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in MOUNTAIN CREEK LAKES includes 4 comparable homes priced from $440,000 to $500,000. The 6 month price trend in 78620: fallen 4.1%. The best comp here is 10007 N LONGHORN SKWY, Dripping Springs TX 78620 at an adjusted value of $439,632, a strong comparable. The comp data here (3 sales in MOUNTAIN CREEK LAKES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
