117 Mandy LN, Red Rock TX 78662

Reviewing the most recent comparable transactions, this home's market value falls around $504,282. For a well positioned listing in RED ROCK ACRES, I'd target the $489,000 to $519,000 range. In the current RED ROCK ACRES market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 204 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 15 years newer than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in RED ROCK ACRES; a buyer's market based on recent absorption. Recent trends in 78662 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 305 Goertz DR, Red Rock TX 78662, with an adjusted value of $441,957; with a larger floor plan. 7 comparable transactions in RED ROCK ACRES 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