After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,171,180. Pricing this home between $1,136,000 and $1,206,000 would put it in the competitive sweet spot for HOWARD RANCH. Relative to what's currently available in HOWARD RANCH, this home would be the most affordable of 3 comparable homes on the market. This home's larger footprint (222 sqft vs the comp average) plays a role in how the market prices it. The active market in HOWARD RANCH includes 3 comparable homes priced from $1,349,900 to $1,690,000. Market data shows 78619 prices fallen 7% over the last half year. The closest comparable sale, 1145 Trebled Waters TRL, Driftwood TX 78619 at an adjusted $1,059,818, is with a smaller floor plan. The comp data here (5 sales in HOWARD RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
