223 MANDY LN, Red Rock TX 78662

After reviewing 7 recent transactions in S7463 - RED ROCK ACRES (REPLAT), I estimate this property's value at $358,114. A competitive list price for this home right now would fall in the $392,000 to $393,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in S7463 - RED ROCK ACRES (REPLAT)'s current inventory. At 485 sqft smaller than the typical comp, the size difference factors into the valuation. At 26 years older than typical comps, the 1951 build date influences the valuation. The active market in S7463 - RED ROCK ACRES (REPLAT) includes 3 comparable homes priced from $349,000 to $475,000. Prices in 78662 have fallen 8.5% over the last 6 months. A similar home at 130 Anderson LN, Red Rock TX 78662 carries an adjusted comparable value of $326,871, providing a strong data point. The comp data here (7 sales in S7463 - RED ROCK ACRES (REPLAT)) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus