1341 Hawthorne LOOP, Driftwood TX 78619

My analysis of 7 comparable properties puts this home's estimated value at $1,051,514. Based on how the local market is moving, a list price between $1,167,000 and $1,169,000 would position this home well. This would position the home competitively among 3 active listings in RIM ROCK PH ONE SEC FOUR. Being 559 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (1.27 acres versus the area average of 0.84) contributes to the valuation. Current inventory shows 3 comparable homes in RIM ROCK PH ONE SEC FOUR; a buyer's market based on recent absorption. The 6 month price trend in 78619: fallen 0.7%. The best comp here is 217 Shallow Water CV, Driftwood TX 78619 at an adjusted value of $1,088,110, with a smaller floor plan. With 7 comparable sales in RIM ROCK PH ONE SEC FOUR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group