Based on 7 closed sales in 78619, the data points to a value around $972,681 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,139,000 to $1,157,000. Relative to what's currently available in 78619, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (636 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (5 years older than comps) is factored into the value estimate. Buyers in 78619 have 7 comparable options right now, with asking prices between $850,000 and $2,950,000. Market data shows 78619 prices fallen 12% over the last half year. The closest comparable sale, 1344 Flint Rock LOOP, Driftwood TX 78619 at an adjusted $950,260, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
