161 Carissa LN, Red Rock TX 78662

The market data from 7 similar recent sales in RED ROCK ACRES points to a value of approximately $366,676. To sell within a reasonable timeframe at fair market value, the $368,000 to $456,000 range is where I'd position this. Against 0 similar active listings in RED ROCK ACRES, this price point lands at no active comparable homes on the market. At 1,174 sqft smaller than the typical comp, the size difference factors into the valuation. The 1987 construction puts this home 10 years newer than the comp average, a factor in the pricing. In 78662, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 198 Anderson LN, Red Rock TX 78662, adjusting to $169,903; 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