405 Knights ROW, Cottonwood Shores TX 78657

My analysis of 3 comparable properties puts this home's estimated value at $372,227. Based on how the local market is moving, a list price between $266,000 and $276,000 would position this home well. This would position the home competitively among 3 active listings in CASTLE TERRACE. At 5 years older than typical comps, the 2019 build date influences the valuation. The larger lot (0.23 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 3 comparable homes in CASTLE TERRACE; a buyer's market based on recent absorption. The 6 month price trend in 78657: fallen 15%. The best comp here is 1615 White Tail, Horseshoe Bay TX 78657 at an adjusted value of $366,220, a strong comparable. The comp data here (3 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