1456 Flint Rock LOOP, Driftwood TX 78619

The market data from 4 similar recent sales in RIM ROCK points to a value of approximately $827,540. To sell within a reasonable timeframe at fair market value, the $803,000 to $852,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in RIM ROCK. Being 254 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.01 acres, the lot is smaller than the 1.21 acre comp average, which factors into pricing. 1 similar homes are currently available in RIM ROCK, creating a buyer's market for this price range. In RIM ROCK, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 530 Hawthorne LOOP, Driftwood TX 78619, adjusting to $867,245; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group