After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $698,627. Pricing this home between $903,000 and $941,000 would put it in the competitive sweet spot for SIERRA WEST. This home's position in the current SIERRA WEST market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller lot (1.50 acres versus the area average of 1.68) contributes to the valuation. 3 similar homes are currently available in SIERRA WEST, creating a seller's market for this price range. Market data shows SIERRA WEST prices risen 34.4% over the last half year. The closest comparable sale, 1021 Canna Lily CIR, Driftwood TX 78619 at an adjusted $602,010, is with a pool. The comp data here (4 sales in SIERRA WEST) 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
