343 FM RD 86, Red Rock TX 78662

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $393,575. To generate strong buyer interest while maximizing value, I'd price this between $334,000 and $344,000. With 4 comparable homes on the market in 78662, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 1998 construction puts this home 26 years newer than the comp average, a factor in the pricing. At 11.59 acres, the lot is larger than the 6.85 acre comp average, which factors into pricing. 4 similar homes are currently available in 78662, creating a buyer's market for this price range. The trend in 78662 shows prices have fallen 8.5% in the past 6 months. 128 Boyd RD, Red Rock TX 78662 nearby adjusts to $301,739; 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