157 Stephanie LN, Red Rock TX 78662

Reviewing the most recent comparable transactions, this home's market value falls around $464,185. For a well positioned listing in RED ROCK ACRES, I'd target the $529,000 to $552,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in RED ROCK ACRES. Being 178 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1986 construction puts this home 9 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in RED ROCK ACRES, listed between $525,000 and $975,000. 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 $436,561; a strong comparable. The 7 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