Based on 7 closed sales in RIM ROCK PH ONE SEC THREE, the data points to a value around $774,155 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $751,000 to $797,000. Buyers shopping in RIM ROCK PH ONE SEC THREE right now would see this as a well positioned option among 1 comparable homes. This home's larger footprint (180 sqft vs the comp average) plays a role in how the market prices it. Being built in 2008 (5 years older than comps) is factored into the value estimate. 1 similar homes are currently available in RIM ROCK PH ONE SEC THREE, creating a buyer's market for this price range. Market data shows 78619 prices fallen 8.2% over the last half year. The closest comparable sale, 229 Huck Finn TRL, Dripping Springs TX 78620 at an adjusted $930,978, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
