1548 Cedar Pass RD, Driftwood TX 78619

Based on 7 closed sales in 78619, the data points to a value around $608,859 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $594,000 to $632,000. Relative to what's currently available in 78619, this home would be the most expensive of 2 comparable homes on the market. Being built in 2003 (11 years older than comps) is factored into the value estimate. Lot size matters here: 2.60 acres versus 0.53 for the typical comp. 2 similar homes are currently available in 78619, creating a buyer's market for this price range. Market data shows 78619 prices fallen 7% over the last half year. The closest comparable sale, 518 Clear Creek LN, Dripping Springs TX 78620 at an adjusted $631,913, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78619. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group