240 Lanier Ranch RD # B, Driftwood TX 78619

Based on 6 closed sales in 78619, the data points to a value around $951,935 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $610,000 to $620,000. This would position the home competitively among 1 active listings in 78619. Being 1,243 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1997 (10 years newer than comps) is factored into the value estimate. There are currently 1 similar homes on the market in 78619, ranging from $599,000 to $599,000. Market data shows 78619 prices fallen 14.3% over the last half year. The closest comparable sale, 1600 N Elder Hill RD, Driftwood TX 78619 at an adjusted $865,069, is with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in 78619. 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