598 SHELF ROCK RD, Driftwood TX 78619

Reviewing the most recent comparable transactions, this home's market value falls around $994,252. For a well positioned listing in RIM ROCK PH THREE SEC TWO, I'd target the $1,036,000 to $1,067,000 range. Against 7 similar active listings in RIM ROCK PH THREE SEC TWO, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (193 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 3 of 6 comparable sales didn't include one. 7 similar homes are currently available in RIM ROCK PH THREE SEC TWO, creating a buyer's market for this price range. Recent trends in 78619 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 242 July Johnson DR, Austin TX 78737, with an adjusted value of $1,097,062; a strong comparable. The 6 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