140 Shelf Rock RD, Driftwood TX 78619

The estimated value of this property is $1,033,040, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,002,000 and $1,064,000. Against 3 similar active listings in RIM ROCK, this price point lands at the most expensive of 3 comparable homes on the market. The 628 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in RIM ROCK (a buyer's market), competition is a factor to consider. 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 $938,952; with a smaller floor plan. Based on 5 relevant data points in RIM ROCK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX