525 Bumblebee LN, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $707,677. For a well positioned listing in 78619, I'd target the $395,000 to $405,000 range. In the current 78619 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (616 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1999 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in 78619 have 3 comparable options right now, with asking prices between $399,000 and $650,000. Recent trends in 78619 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 1411 Lone Man Mountain RD, Wimberley TX 78676, with an adjusted value of $418,392; a strong comparable. The 7 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