1301 Hawthorne LOOP, Driftwood TX 78619

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,115,161. I'd recommend coming to market at $952,000 to $962,000 to strike the right balance between value and market velocity. In the current 78619 market with 1 similar homes available, this price represents above the only comparable home currently on the market. This home's larger footprint (328 sqft vs the comp average) plays a role in how the market prices it. The 1.23 acre lot (smaller than the 1.32 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in 78619; a buyer's market based on recent absorption. The trend in 78619 shows prices have fallen 10.6% in the past 6 months. 710 Hawthorne LOOP, Driftwood TX 78619 nearby adjusts to $893,352; a strong comparable. With 3 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