265 Magnolia Blossom CV, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $967,926. For a well positioned listing in RIM ROCK, I'd target the $841,000 to $851,000 range. Against 1 similar active listings in RIM ROCK, this price point lands at below the only comparable home currently on the market. Being 358 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.43 acres, the lot is larger than the 1.29 acre comp average, which factors into pricing. 1 similar homes are currently available in RIM ROCK, creating a buyer's market for this price range. Recent trends in 78619 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 215 SANDY CREEK CV, Driftwood TX 78619, with an adjusted value of $1,268,716; with a larger floor plan. 6 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