5011 W FM 2147, Cottonwood Shores TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $348,667. I'd recommend coming to market at $606,000 to $637,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in CASTLE ACRES. The 383 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.49 acre lot (smaller than the 0.55 acre average) is reflected in the estimate. 3 similar homes are currently available in CASTLE ACRES, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 3.6% in the past 6 months. 680 Deep Cove, Granite Shoals TX 78654 nearby adjusts to $882,810; a strong comparable. Based on 7 relevant data points in CASTLE ACRES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX