305 Shallow Water CV, Driftwood TX 78619

The market data from 4 similar recent sales in RIM ROCK PH ONE SEC FOUR points to a value of approximately $1,220,924. To sell within a reasonable timeframe at fair market value, the $1,184,000 to $1,258,000 range is where I'd position this. In the current RIM ROCK PH ONE SEC FOUR market with 0 similar homes available, this price represents no active comparable homes on the market. The larger floor plan (824 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.62 acres, the lot is larger than the 1.18 acre comp average, which factors into pricing. In 78619, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 217 Shallow Water CV, Driftwood TX 78619, adjusting to $1,169,882; with a smaller floor plan. The 4 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