1231 CEDAR PASS RD, Driftwood TX 78619

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $710,564. To generate strong buyer interest while maximizing value, I'd price this between $177,000 and $187,000. In the current LANIER RANCH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 2.60 acres, the lot is larger than the 1.73 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in LANIER RANCH, ranging from $200,000 to $625,000. The trend in 78619 shows prices have fallen 7% in the past 6 months. 518 Clear Creek LN, Dripping Springs TX 78620 nearby adjusts to $647,456; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group