403 Knights ROW, Cottonwood Shores TX 78657

My analysis of 5 comparable properties puts this home's estimated value at $368,934. Based on how the local market is moving, a list price between $395,000 and $416,000 would position this home well. Relative to what's currently available in CASTLE TERRACE, this home would be the most affordable of 4 comparable homes on the market. This home's larger footprint (105 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.23 acres versus the area average of 0.19) contributes to the valuation. There are currently 4 similar homes on the market in CASTLE TERRACE, ranging from $338,000 to $429,999. The 6 month price trend in 78657: fallen 3.6%. The best comp here is 505 Royal CT, Horseshoe Bay TX 78657 at an adjusted value of $375,576, with a larger floor plan. The comp data here (5 sales in CASTLE TERRACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus