301 Brownson LN, Driftwood TX 78619

The market data from 7 similar recent sales in FAIR OAKS FARM ESTATES points to a value of approximately $826,938. To sell within a reasonable timeframe at fair market value, the $1,151,000 to $1,158,000 range is where I'd position this. Among the similar homes currently available in FAIR OAKS FARM ESTATES, this price point stands out as competitive. The 1996 construction puts this home 18 years older than the comp average, a factor in the pricing. At 6.75 acres, the lot is larger than the 1.21 acre comp average, which factors into pricing. With 4 similar homes currently listed in FAIR OAKS FARM ESTATES (a buyer's market), competition is a factor to consider. In 78619, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 812 Post Oak DR, Dripping Springs TX 78620, adjusting to $786,727; with a smaller floor plan. 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