100 Ted Burger RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $596,311. For a well positioned listing in BURGER RIDGE ESTATES, I'd target the $504,000 to $514,000 range. Against 7 similar active listings in BURGER RIDGE ESTATES, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 1.33 acres, the lot is larger than the 1.06 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BURGER RIDGE ESTATES; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 11134 Bonham Ranch RD, Dripping Springs TX 78620, with an adjusted value of $725,602; a strong comparable. 7 comparable transactions in BURGER RIDGE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group