965 Linden LOOP, Driftwood TX 78619

The market data from 6 similar recent sales in RIM ROCK points to a value of approximately $856,704. To sell within a reasonable timeframe at fair market value, the $898,000 to $917,000 range is where I'd position this. Against 3 similar active listings in RIM ROCK, this price point lands at the most affordable of 3 comparable homes on the market. At 122 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 1.23 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in RIM ROCK; a buyer's market based on recent absorption. In RIM ROCK, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1177 Bluff Woods DR, Driftwood TX 78619, adjusting to $851,001; with a larger floor plan. 6 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