17420 Lake Wood CIR, Dripping Springs TX 78620

The comparable sales data (3 recent transactions in MOUNTAIN CREEK LAKES) supports an estimated value of $461,791. The data suggests a list price between $477,000 and $478,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MOUNTAIN CREEK LAKES, this home would be the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (239 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (6 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in MOUNTAIN CREEK LAKES, ranging from $443,999 to $499,900. Prices in 78620 have fallen 5.5% over the last 6 months. A similar home at 10602 Creekwood CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $480,429, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus