194 Serrato CV, Driftwood TX 78619

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $822,848. To generate strong buyer interest while maximizing value, I'd price this between $714,000 and $724,000. With 7 comparable homes on the market in RIM ROCK, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 162 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.01 acres, the lot is smaller than the 1.19 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIM ROCK (a buyer's market), competition is a factor to consider. The trend in 78619 shows prices have fallen 12% in the past 6 months. 170 Hawthorne LOOP, Driftwood TX 78619 nearby adjusts to $799,286; a strong comparable. 3 comparable transactions in RIM ROCK 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