17400 Lakeshore, Dripping Springs TX 78620

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $344,361. Pricing this home between $334,000 and $355,000 would put it in the competitive sweet spot for MOUNTAIN CREEK LAKES. This home's position in the current MOUNTAIN CREEK LAKES market: the most affordable of 5 comparable homes on the market among comparable properties. The smaller lot (1.00 acres versus the area average of 1.11) contributes to the valuation. Right now, 5 similar properties are competing for buyers in MOUNTAIN CREEK LAKES, listed between $350,000 and $569,000. Market data shows 78620 prices fallen 8.3% over the last half year. The closest comparable sale, 10212 Thomas LN, Dripping Springs TX 78620 at an adjusted $448,797, is with a smaller floor plan. With 3 comparable sales in MOUNTAIN CREEK LAKES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group