1931 Flint Rock LOOP, Driftwood TX 78619

The market data from 7 similar recent sales in RIM ROCK points to a value of approximately $867,501. To sell within a reasonable timeframe at fair market value, the $841,000 to $894,000 range is where I'd position this. With 1 comparable homes on the market in RIM ROCK, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 1 comparable homes in RIM ROCK; a balanced market based on recent absorption. In RIM ROCK, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 651 Shelf Rock RD, Driftwood TX 78619, adjusting to $824,305; with a larger floor plan. The 7 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