609 Pine LN, Cottonwood Shores TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $264,875. For a well positioned listing in SCARLET OAKS, I'd target the $257,000 to $273,000 range. Against 5 similar active listings in SCARLET OAKS, this price point lands at the most expensive of 5 comparable homes on the market. The 1965 construction puts this home 10 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. Recent trends in 78657 show home values have fallen 13.2% since 6 months ago. The most comparable recent sale is 848 Pecan LN, Cottonwood Shores TX 78657, with an adjusted value of $211,976; a strong comparable. 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