Ed's Opinion of Value

$555,431 Ed's Estimate: $654,201 $1,079,000
Lowest Comp Recommended List: $755,000 to $765,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $654,201. Based on how the local market is moving, a list price between $755,000 and $765,000 would position this home well. This home's position in the current RIM ROCK market: the most affordable of 2 comparable homes on the market among comparable properties. At 201 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.01 acres versus the area average of 2.58) contributes to the valuation. The active market in RIM ROCK includes 2 comparable homes priced from $1,000,000 to $1,079,000. The 6 month price trend in RIM ROCK: fallen 10.6%. The best comp here is 214 Trailmaster CIR, Driftwood TX 78619 at an adjusted value of $747,495, with a larger floor plan. The comp data here (7 sales in RIM ROCK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
4 Beds
3 Baths
2,730 Sq Ft
1.01 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 5888508

Listing History

MLS# 5888508 193 days
Sep 28, 2016 Off Market
Jan 22, 2016 Listed $521,835

Frequently Asked Questions About 285 Honey Locust CT, Driftwood TX 78619

How much does 285 Honey Locust CT, Driftwood TX 78619 cost?

285 Honey Locust CT, Driftwood TX 78619 sold on September 28, 2016. Contact us for sale price details.

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