523 Moss Rose LN, Driftwood TX 78619

The market data from 5 similar recent sales in SIERRA WEST points to a value of approximately $660,181. To sell within a reasonable timeframe at fair market value, the $294,000 to $304,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in SIERRA WEST. Being 679 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.51 acres, the lot is smaller than the 2.30 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SIERRA WEST; a buyer's market based on recent absorption. In 78619, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 744 Canna Lily CIR, Driftwood TX 78619, adjusting to $591,153; with a larger floor plan. 5 comparable transactions in SIERRA WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group