420 Elder Hill RD, Driftwood TX 78619

Based on 7 closed sales in 78619, the data points to a value around $661,338 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $248,000 to $258,000. This pricing would rank the home as below the only comparable home currently on the market in 78619's current inventory. Being 1,052 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 5.00 acres versus 2.68 for the typical comp. Right now, 1 similar properties are competing for buyers in 78619, listed between $270,000 and $270,000. Market data shows 78619 prices risen 2.3% over the last half year. The closest comparable sale, 551 Gatlin Creek RD, Dripping Springs TX 78620 at an adjusted $574,717, is with a larger floor plan. The strength of this estimate comes from 7 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