489 Shelf Rock RD, Driftwood TX 78619

Based on 3 closed sales in RIM ROCK PH THREE SEC TWO, the data points to a value around $830,535 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $915,000 to $963,000. This would position the home competitively among 7 active listings in RIM ROCK PH THREE SEC TWO. Being built in 2007 (8 years older than comps) is factored into the value estimate. Lot size matters here: 1.01 acres versus 1.13 for the typical comp. The active market in RIM ROCK PH THREE SEC TWO includes 7 comparable homes priced from $799,900 to $1,199,000. Market data shows 78619 prices fallen 13.1% over the last half year. The closest comparable sale, 1075 Bluff Woods DR, Driftwood TX 78619 at an adjusted $795,639, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in RIM ROCK PH THREE SEC TWO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group