606 Fir LN, Cottonwood Shores TX 78657

The market data from 7 similar recent sales in SCARLET OAKS points to a value of approximately $346,315. To sell within a reasonable timeframe at fair market value, the $251,000 to $261,000 range is where I'd position this. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. Being 202 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1965 construction puts this home 49 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. In 78657, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 650 Birch LN, Cottonwood Shores TX 78657, adjusting to $338,847; with a smaller floor plan. 7 comparable transactions in SCARLET OAKS 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