172 Mandy LN, Red Rock TX 78662

Reviewing the most recent comparable transactions, this home's market value falls around $375,618. For a well positioned listing in RED ROCK ACRES, I'd target the $400,000 to $493,000 range. In the current RED ROCK ACRES market with 0 similar homes available, this price represents no active comparable homes on the market. Being 1,011 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2017 construction puts this home 34 years newer than the comp average, a factor in the pricing. Recent trends in 78662 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 130 Anderson LN, Red Rock TX 78662, with an adjusted value of $280,200; with a larger floor plan and a pool. 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