1773 Flint Rock LOOP, Driftwood TX 78619

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $706,803. Pricing this home between $686,000 and $728,000 would put it in the competitive sweet spot for RIM ROCK PH THREE SEC THREE. 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. The larger floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.01 acres versus the area average of 0.44) contributes to the valuation. Current inventory shows 2 comparable homes in RIM ROCK PH THREE SEC THREE; a buyer's market based on recent absorption. Market data shows 78619 prices fallen 0.5% over the last half year. The closest comparable sale, 1436 Flint Rock LOOP, Driftwood TX 78619 at an adjusted $684,390, is with a larger floor plan and a pool. With 3 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