1140 Flint Rock LOOP, Driftwood TX 78619

After reviewing 3 recent transactions in RIM ROCK, I estimate this property's value at $1,015,061. A competitive list price for this home right now would fall in the $985,000 to $1,046,000 range. This home's position in the current RIM ROCK market: the most expensive of 2 comparable homes on the market among comparable properties. Being 397 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (1.50 acres versus the area average of 1.25) contributes to the valuation. Current inventory shows 2 comparable homes in RIM ROCK; a buyer's market based on recent absorption. Prices in RIM ROCK have fallen 5.2% over the last 6 months. A similar home at 710 Hawthorne LOOP, Driftwood TX 78619 carries an adjusted comparable value of $954,730, providing a strong data point. The comp data here (3 sales in RIM ROCK) 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