390 Caliche, Driftwood TX 78619

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $975,172. I'd recommend coming to market at $623,000 to $633,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in 78619. This home's smaller footprint (366 sqft vs the comp average) plays a role in how the market prices it. Built in 1977, this home is 29 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in 78619; a buyer's market based on recent absorption. The trend in 78619 shows prices have fallen 7% in the past 6 months. 2442 La Ventana PKWY, Driftwood TX 78619 nearby adjusts to $908,956; a strong comparable. Based on 6 relevant data points in 78619, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX