115 Ted Burger RD, Dripping Springs TX 78620

After reviewing 6 recent transactions in BURGER RIDGE ESTATES, I estimate this property's value at $666,591. A competitive list price for this home right now would fall in the $715,000 to $724,000 range. Relative to what's currently available in BURGER RIDGE ESTATES, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.57 acres versus the area average of 1.73) contributes to the valuation. With 3 similar homes currently listed in BURGER RIDGE ESTATES (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 3.9% over the last 6 months. A similar home at 203 Stirrup DR, Dripping Springs TX 78620 carries an adjusted comparable value of $714,996, providing a strong data point. With 6 comparable sales in BURGER RIDGE ESTATES, 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