501 Onion Creek LN, Driftwood TX 78619

Based on 3 closed sales in CREEK OF DRIFTWOOD, the data points to a value around $709,236 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $688,000 to $731,000. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in CREEK OF DRIFTWOOD's current inventory. This home's smaller footprint (167 sqft vs the comp average) plays a role in how the market prices it. Being built in 2008 (7 years older than comps) is factored into the value estimate. 5 similar homes are currently available in CREEK OF DRIFTWOOD, creating a buyer's market for this price range. Market data shows 78619 prices fallen 12% over the last half year. The closest comparable sale, 113 Swallowtail DR, Austin TX 78737 at an adjusted $683,482, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in CREEK OF DRIFTWOOD. 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