3732 Northwood DR, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $395,964. To generate strong buyer interest while maximizing value, I'd price this between $268,000 and $278,000. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in DRIFTWOOD. The 1965 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 5.46 acre comp average, which factors into pricing. With 6 similar homes currently listed in DRIFTWOOD (a buyer's market), competition is a factor to consider. The trend in 78657 shows prices have fallen 15.4% in the past 6 months. 724 Cypress LN, Cottonwood Shores TX 78657 nearby adjusts to $206,933; a strong comparable. 7 comparable transactions in DRIFTWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group