453 Covered Bridge DR, Driftwood TX 78619

Based on 3 closed sales in PRESERVE LA VENTANA PH TWO, the data points to a value around $1,528,035 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,345,000 to $1,355,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in PRESERVE LA VENTANA PH TWO's current inventory. The 1,304 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2013 (5 years older than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in PRESERVE LA VENTANA PH TWO; a buyer's market based on recent absorption. Market data shows 78619 prices risen 12% over the last half year. The closest comparable sale, 838 Covered Bridge DR, Driftwood TX 78619 at an adjusted $1,648,948, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in PRESERVE LA VENTANA PH TWO. 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