300 Medlin Creek LOOP, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $848,218. To generate strong buyer interest while maximizing value, I'd price this between $1,125,000 and $1,269,000. In the current MEDLIN CREEK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 1.80 acres, the lot is larger than the 1.10 acre comp average, which factors into pricing. With 7 similar homes currently listed in MEDLIN CREEK (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 403 Stirrup DR, Dripping Springs TX 78620 nearby adjusts to $937,650; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group