526 Island Oaks LN, Driftwood TX 78619

After reviewing 4 recent transactions in LA VENTANA, I estimate this property's value at $1,446,683. A competitive list price for this home right now would fall in the $1,226,000 to $1,236,000 range. This home's position in the current LA VENTANA market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 600 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 2002 build date influences the valuation. Current inventory shows 7 comparable homes in LA VENTANA; a buyer's market based on recent absorption. Prices in LA VENTANA have fallen 4.3% over the last 6 months. A similar home at 2375 La Ventana PKWY, Driftwood TX 78619 carries an adjusted comparable value of $1,559,401, providing a strong data point. The comp data here (4 sales in LA VENTANA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus