100 Ted Burger RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $571,611. For a well positioned listing in BURGER RIDGE ESTATES, I'd target the $493,000 to $503,000 range. Against 7 similar active listings in BURGER RIDGE ESTATES, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 148 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.33 acres, the lot is larger than the 1.08 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 6.7% since 6 months ago. The most comparable recent sale is 11134 Bonham Ranch RD, Dripping Springs TX 78620, with an adjusted value of $725,574; 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