1043 Arbor Canyon PASS, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $970,257. For a well positioned listing in RIM ROCK, I'd target the $960,000 to $966,000 range. Against 3 similar active listings in RIM ROCK, this price point lands at the most expensive of 3 comparable homes on the market. Being 257 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.36 acres, the lot is larger than the 1.28 acre comp average, which factors into pricing. The active market in RIM ROCK includes 3 comparable homes priced from $849,900 to $985,000. Recent trends in 78619 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 710 Hawthorne LOOP, Driftwood TX 78619, with an adjusted value of $910,535; with a smaller floor plan. 7 comparable transactions in RIM ROCK 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