My analysis of 6 comparable properties puts this home's estimated value at $452,980. Based on how the local market is moving, a list price between $462,000 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 5 comparable homes. The larger floor plan (152 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in MOUNTAIN CREEK LAKES includes 5 comparable homes priced from $425,000 to $509,900. The 6 month price trend in 78620: fallen 6.7%. The best comp here is 10605 Creekwood CIR, Dripping Springs TX 78620 at an adjusted value of $456,320, with a smaller floor plan. The comp data here (6 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
