Based on 7 closed sales in VINEYARD, the data points to a value around $1,249,814 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,212,000 to $1,287,000. This pricing would rank the home as below the only comparable home currently on the market in VINEYARD's current inventory. This home's larger footprint (481 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.87 acres versus 0.65 for the typical comp. Buyers in VINEYARD have 1 comparable options right now, with asking prices between $2,800,000 and $2,800,000. Market data shows 78619 prices fallen 13.1% over the last half year. The closest comparable sale, 3400 Tuscany DR, Driftwood TX 78619 at an adjusted $1,730,517, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in VINEYARD. 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
