511 Onion Creek LN, Driftwood TX 78619

The market data from 3 similar recent sales in CREEK OF DRIFTWOOD points to a value of approximately $833,636. To sell within a reasonable timeframe at fair market value, the $646,000 to $656,000 range is where I'd position this. With 4 comparable homes on the market in CREEK OF DRIFTWOOD, this price positions the property as the 0th most expensive of 4 comparable homes on the market. This home's smaller footprint (377 sqft vs the comp average) plays a role in how the market prices it. At 0.55 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. Buyers in CREEK OF DRIFTWOOD have 4 comparable options right now, with asking prices between $599,000 and $755,000. In 78619, home values have fallen approximately 13.1% over the past 6 months. One of the strongest data points is 562 Stone River DR, Austin TX 78737, adjusting to $808,283; with a larger floor plan. The 3 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