4028 Cottonwood DR, Cottonwood Shores TX 78657

The market data from 4 similar recent sales in SCARLET OAKS points to a value of approximately $309,323. To sell within a reasonable timeframe at fair market value, the $312,000 to $346,000 range is where I'd position this. In the current SCARLET OAKS market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 0.34 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in SCARLET OAKS, listed between $269,000 and $355,000. In 78657, home values have fallen approximately 15.4% over the past 6 months. One of the strongest data points is 181 Cypress PT, Meadowlakes TX 78654, adjusting to $346,035; a strong comparable. The 4 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