964 Fm 812, Red Rock TX 78662

Reviewing the most recent comparable transactions, this home's market value falls around $427,021. For a well positioned listing in HIGH GROVE ACRES, I'd target the $456,000 to $472,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in HIGH GROVE ACRES. At 310 sqft larger than the typical comp, the size difference factors into the valuation. The 1987 construction puts this home 12 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 $380,000 and $630,000. Recent trends in 78662 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 208 Sendero CV, Cedar Creek TX 78612, with an adjusted value of $455,722; 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