Reviewing the most recent comparable transactions, this home's market value falls around $1,480,545. For a well positioned listing in LA VENTANA WEST, I'd target the $1,750,000 to $2,268,000 range. Against 3 similar active listings in LA VENTANA WEST, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (345 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.67 acres, the lot is smaller than the 4.98 acre comp average, which factors into pricing. Buyers in LA VENTANA WEST have 3 comparable options right now, with asking prices between $2,500,000 and $4,250,000. Recent trends in 78619 show home values have risen 5% since 6 months ago. The most comparable recent sale is 167 Vincas Shadow CT, Driftwood TX 78619, with an adjusted value of $1,160,820; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
