712 Bluff Wood DR, Driftwood TX 78619

The market data from 7 similar recent sales in RIM ROCK points to a value of approximately $844,401. To sell within a reasonable timeframe at fair market value, the $828,000 to $861,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in RIM ROCK. The 213 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.01 acres, the lot is smaller than the 1.15 acre comp average, which factors into pricing. The active market in RIM ROCK includes 5 comparable homes priced from $795,000 to $1,399,000. In RIM ROCK, home values have fallen approximately 5.4% over the past 6 months. One of the strongest data points is 651 Shelf Rock RD, Driftwood TX 78619, adjusting to $742,421; with a larger floor plan. 7 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