142 Magnolia Blossom CV, Driftwood TX 78619

My analysis of 3 comparable properties puts this home's estimated value at $984,089. Based on how the local market is moving, a list price between $1,066,000 and $1,120,000 would position this home well. This home's position in the current RIM ROCK PH ONE SEC FIVE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (323 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.62 acres versus the area average of 1.47) contributes to the valuation. There are currently 7 similar homes on the market in RIM ROCK PH ONE SEC FIVE, ranging from $799,900 to $1,199,000. The 6 month price trend in 78619: fallen 13.1%. The best comp here is 1075 Bluff Woods DR, Driftwood TX 78619 at an adjusted value of $847,507, a strong comparable. The comp data here (3 sales in RIM ROCK PH ONE SEC FIVE) 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