780 Bluff Wood DR, Driftwood TX 78619

The market data from 7 similar recent sales in RIM ROCK points to a value of approximately $793,536. To sell within a reasonable timeframe at fair market value, the $887,000 to $888,000 range is where I'd position this. With 6 comparable homes on the market in RIM ROCK, this price positions the property as the most affordable of 6 comparable homes on the market. At 220 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.01 acres, the lot is smaller than the 1.15 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in RIM ROCK, ranging from $795,000 to $1,399,000. In RIM ROCK, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 651 Shelf Rock RD, Driftwood TX 78619, adjusting to $729,511; 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