109 Oak Ridge DR, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $492,358. If we were to list this property today, I'd recommend a list price in the $516,000 to $609,000 range. This would position the home competitively among 2 active listings in RIVER OAKS RANCH. The smaller floor plan (246 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1991 (11 years older than comps) is factored into the value estimate. The active market in RIVER OAKS RANCH includes 2 comparable homes priced from $850,000 to $1,150,000. The 6 month price trend in 78620: fallen 5.7%. The best comp here is 710 Deer Creek CIR, Dripping Springs TX 78620 at an adjusted value of $417,968, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIVER OAKS RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group