550 Hawthorne LOOP, Driftwood TX 78619

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $949,055. Pricing this home between $948,000 and $1,086,000 would put it in the competitive sweet spot for RIM ROCK. Relative to what's currently available in RIM ROCK, this home would be the most expensive of 4 comparable homes on the market. At 191 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 1.27) contributes to the valuation. 4 similar homes are currently available in RIM ROCK, creating a buyer's market for this price range. Market data shows RIM ROCK prices fallen 12.9% over the last half year. The closest comparable sale, 710 Hawthorne LOOP, Driftwood TX 78619 at an adjusted $809,166, is a strong comparable. With 7 comparable sales in RIM ROCK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group