174 Serrato CV, Driftwood TX 78619

The market data from 7 similar recent sales in RIM ROCK PH THREE SEC THREE points to a value of approximately $963,724. To sell within a reasonable timeframe at fair market value, the $826,000 to $836,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in RIM ROCK PH THREE SEC THREE. At 391 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is smaller than the 1.27 acre comp average, which factors into pricing. 2 similar homes are currently available in RIM ROCK PH THREE SEC THREE, creating a buyer's market for this price range. In 78619, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 710 Hawthorne LOOP, Driftwood TX 78619, adjusting to $769,143; with a larger floor plan. 7 comparable transactions in RIM ROCK PH THREE SEC THREE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group