Reviewing the most recent comparable transactions, this home's market value falls around $1,385,713. For a well positioned listing in LA VENTANA WEST, I'd target the $1,550,000 to $1,601,000 range. Against 0 similar active listings in LA VENTANA WEST, this price point lands at no active comparable homes on the market. The larger floor plan (996 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.67 acres, the lot is smaller than the 2.51 acre comp average, which factors into pricing. Recent trends in 78619 show home values have fallen 13.6% since 6 months ago. The most comparable recent sale is 1300 E. GATLIN CREEK RD, Driftwood TX 78619, with an adjusted value of $1,753,807; with a smaller floor plan and a pool. 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
