1275 Enchanted Oak DR, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $1,383,475. For a well positioned listing in ONION CREEK RANCH, I'd target the $1,342,000 to $1,425,000 range. With 1 comparable homes on the market in ONION CREEK RANCH, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (504 sqft vs the comp average) plays a role in how the market prices it. At 5.01 acres, the lot is larger than the 3.18 acre comp average, which factors into pricing. With 1 similar homes currently listed in ONION CREEK RANCH (a buyer's market), competition is a factor to consider. Recent trends in 78619 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 1175 Enchanted Oaks DR, Driftwood TX 78619, with an adjusted value of $1,223,600; with a smaller floor plan. 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