191 Hawthorne LOOP, Driftwood TX 78619

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,057,631. I'd recommend coming to market at $847,000 to $857,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78619, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (160 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78619; a buyer's market based on recent absorption. The trend in 78619 shows prices have fallen 7% in the past 6 months. 710 Hawthorne LOOP, Driftwood TX 78619 nearby adjusts to $804,746; with a larger floor plan. Based on 3 relevant data points in 78619, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX