321 Red Rock Ranch RD, Red Rock TX 78662

Based on 6 closed sales in 78662, the data points to a value around $568,300 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $624,000 to $762,000. Relative to what's currently available in 78662, this home would be below the only comparable home currently on the market. Being 1,010 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2003 (26 years newer than comps) is factored into the value estimate. The active market in 78662 includes 1 comparable homes priced from $1,250,000 to $1,250,000. Market data shows 78662 prices fallen 8.5% over the last half year. The closest comparable sale, 854 Pettytown RD, Red Rock TX 78662 at an adjusted $624,014, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in 78662. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group