612 Oak LN, Cottonwood Shores TX 78657

Based on 7 closed sales in SCARLET OAKS, the data points to a value around $392,419 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $535,000 to $927,000. Buyers shopping in SCARLET OAKS right now would see this as a well positioned option among 3 comparable homes. At 225 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2000 (5 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in SCARLET OAKS, listed between $549,000 and $975,000. Market data shows 78657 prices fallen 23.9% over the last half year. The closest comparable sale, 746 Pecan LN, Cottonwood Shores TX 78657 at an adjusted $244,656, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus