17303 LAKE WOOD CIR, Dripping Springs TX 78620

After reviewing 4 recent transactions in MOUNTAIN CREEK LAKES, I estimate this property's value at $431,168. A competitive list price for this home right now would fall in the $493,000 to $503,000 range. This home's position in the current MOUNTAIN CREEK LAKES market: the most affordable of 7 comparable homes on the market among comparable properties. Being 163 sqft smaller than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in MOUNTAIN CREEK LAKES, ranging from $480,000 to $599,000. Prices in 78620 have fallen 6.4% over the last 6 months. A similar home at 10115 Longhorn SKWY, Dripping Springs TX 78620 carries an adjusted comparable value of $416,550, providing a strong data point. The comp data here (4 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