Based on 7 closed sales in VINEYARD, the data points to a value around $1,250,714 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,267,000 to $1,442,000. This pricing would rank the home as no active comparable homes 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. Market data shows 78619 prices fallen 14.3% over the last half year. The closest comparable sale, 3400 Tuscany DR, Driftwood TX 78619 at an adjusted $1,730,291, 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
