964 FM 812, Red Rock TX 78662

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $458,942. To generate strong buyer interest while maximizing value, I'd price this between $472,000 and $550,000. With 2 comparable homes on the market in HIGH GROVE ACRES, this price positions the property as the most expensive of 2 comparable homes on the market. At 404 sqft larger than the typical comp, the size difference factors into the valuation. The 1987 construction puts this home 18 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in HIGH GROVE ACRES, listed between $399,000 and $635,000. The trend in 78662 shows prices have fallen 1.1% in the past 6 months. 208 Sendero CV, Cedar Creek TX 78612 nearby adjusts to $455,532; with a smaller floor plan and a pool. 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