17300 Lakeshore DR, Dripping Springs TX 78620

The estimated value of this property is $449,757, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $469,000 and $500,000. Against 3 similar active listings in MOUNTAIN CREEK LAKES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in MOUNTAIN CREEK LAKES includes 3 comparable homes priced from $425,000 to $499,900. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 10007 N LONGHORN SKWY, Dripping Springs TX 78620, with an adjusted value of $435,250; with a larger floor plan. Based on 3 relevant data points in MOUNTAIN CREEK LAKES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX