611 Aspen LN, 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 $281,508. I'd recommend coming to market at $310,000 to $356,000 to strike the right balance between value and market velocity. In the current SCARLET OAKS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1983, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.12 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. The active market in SCARLET OAKS includes 7 comparable homes priced from $299,000 to $468,000. The trend in 78657 shows prices have fallen 12.3% in the past 6 months. 650 Birch LN, Cottonwood Shores TX 78657 nearby adjusts to $264,880; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group