723 Sand Hills RD, Red Rock TX 78662

The market data from 7 similar recent sales in 78662 points to a value of approximately $466,843. To sell within a reasonable timeframe at fair market value, the $513,000 to $612,000 range is where I'd position this. Among the similar homes currently available in 78662, this price point stands out as competitive. At 750 sqft smaller than the typical comp, the size difference factors into the valuation. The 2015 construction puts this home 32 years newer than the comp average, a factor in the pricing. In 78662, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 297 Meuth Cemetery RD, Red Rock TX 78662, adjusting to $462,183; with a larger floor plan. 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