1675 Flint Rock LOOP, Driftwood TX 78619

After reviewing 7 recent transactions in RIM ROCK PH THREE SEC THREE, I estimate this property's value at $692,958. A competitive list price for this home right now would fall in the $815,000 to $846,000 range. This home's position in the current RIM ROCK PH THREE SEC THREE market: the most affordable of 2 comparable homes on the market among comparable properties. This home's smaller footprint (245 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.24 acres versus the area average of 0.34) contributes to the valuation. With 2 similar homes currently listed in RIM ROCK PH THREE SEC THREE (a buyer's market), competition is a factor to consider. Prices in 78619 have fallen 7% over the last 6 months. A similar home at 229 Huck Finn TRL, Dripping Springs TX 78620 carries an adjusted comparable value of $863,760, providing a strong data point. With 7 comparable sales in RIM ROCK PH THREE SEC THREE, 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