Based on 7 closed sales in VINEYARD, the data points to a value around $1,260,435 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,439,000 to $1,724,000. This pricing would rank the home as the most affordable of 2 comparable homes on the market in VINEYARD's current inventory. This home's larger footprint (310 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.87 acres versus 0.70 for the typical comp. Buyers in VINEYARD have 2 comparable options right now, with asking prices between $2,500,000 and $2,500,000. Market data shows 78619 prices fallen 2.9% over the last half year. The closest comparable sale, 3400 Tuscany DR, Driftwood TX 78619 at an adjusted $1,723,722, 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
