1301 Hawthorne LOOP, Driftwood TX 78619

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,201,551. I'd recommend coming to market at $1,000,000 to $1,010,000 to strike the right balance between value and market velocity. In the current 78619 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's larger footprint (332 sqft vs the comp average) plays a role in how the market prices it. Built in 2014, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in 78619; a buyer's market based on recent absorption. The trend in 78619 shows prices have fallen 13.1% in the past 6 months. 710 Hawthorne LOOP, Driftwood TX 78619 nearby adjusts to $893,413; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group