345 Medlin Creek LOOP, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,664,612. Pricing this home between $1,234,000 and $1,244,000 would put it in the competitive sweet spot for MEDLIN CREEK. Relative to what's currently available in MEDLIN CREEK, this home would be the most expensive of 3 comparable homes on the market. At 846 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 4 of the 7 comps lacked one. Right now, 3 similar properties are competing for buyers in MEDLIN CREEK, listed between $990,000 and $6,950,000. Market data shows 78620 prices fallen 2.6% over the last half year. The closest comparable sale, 236 Ranch Ridge DR, Dripping Springs TX 78620 at an adjusted $1,358,139, is with a smaller floor plan. With 7 comparable sales in MEDLIN CREEK, 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