490 HAWTHORNE LOOP, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $875,670. For a well positioned listing in RIM ROCK, I'd target the $753,000 to $763,000 range. With 5 comparable homes on the market in RIM ROCK, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 253 sqft smaller than the typical comp, the size difference factors into the valuation. The 2018 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in RIM ROCK (a buyer's market), competition is a factor to consider. Recent trends in RIM ROCK show home values have fallen 12.9% since 6 months ago. The most comparable recent sale is 710 Hawthorne LOOP, Driftwood TX 78619, with an adjusted value of $871,184; with a larger floor plan. 3 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