The estimated value of this property is $846,385, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $728,000 and $738,000. In the current 78619 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 332 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in 78619 includes 3 comparable homes priced from $715,000 to $1,185,000. Recent trends in 78619 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 328 Barberry PARK, Driftwood TX 78619, with an adjusted value of $962,236; with a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
