215 Medlin Creek LOOP, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,305,666. If we were to list this property today, I'd recommend a list price in the $1,397,000 to $1,868,000 range. This would position the home competitively among 3 active listings in MEDLIN CREEK. Being 1,283 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 3 of the comps had one. Current inventory shows 3 comparable homes in MEDLIN CREEK; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 4.1%. The best comp here is 273 Ranch Ridge DR, Dripping Springs TX 78620 at an adjusted value of $1,291,387, with a smaller floor plan. This estimate draws on 7 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