216 Towering Cedar DR, Driftwood TX 78619

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $841,412. I'd recommend coming to market at $891,000 to $1,061,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in RIM ROCK PH THREE SEC THREE. At 472 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.24 acre lot (larger than the 1.10 acre average) is reflected in the estimate. 4 similar homes are currently available in RIM ROCK PH THREE SEC THREE, creating a buyer's market for this price range. The trend in 78619 shows prices have risen 5.8% in the past 6 months. 710 Hawthorne LOOP, Driftwood TX 78619 nearby adjusts to $776,928; with a larger floor plan. Based on 3 relevant data points in RIM ROCK PH THREE SEC THREE, 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