724 Driftwood LN, Cottonwood Shores TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $249,028. I'd recommend coming to market at $242,000 to $256,000 to strike the right balance between value and market velocity. Against 4 similar active listings in DRIFTWOOD, this price point lands at the most expensive of 4 comparable homes on the market. Being 455 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2018, this home is 12 years newer than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in DRIFTWOOD, ranging from $269,000 to $269,000. The trend in DRIFTWOOD shows prices have fallen 46.9% in the past 6 months. 746 Pecan LN, Cottonwood Shores TX 78657 nearby adjusts to $238,227; a strong comparable. Based on 7 relevant data points in DRIFTWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX