243 Carissa LN, Red Rock TX 78662

Reviewing the most recent comparable transactions, this home's market value falls around $349,906. For a well positioned listing in RED ROCK ACRES, I'd target the $360,000 to $453,000 range. With 0 comparable homes on the market in RED ROCK ACRES, this price positions the property as no active comparable homes on the market. At 1,051 sqft smaller than the typical comp, the size difference factors into the valuation. The 1993 construction puts this home 16 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 198 Anderson LN, Red Rock TX 78662, with an adjusted value of $146,976; 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