616 Pecan 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 $363,432. I'd recommend coming to market at $253,000 to $263,000 to strike the right balance between value and market velocity. In the current SCARLET OAKS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 209 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.12 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. 4 similar homes are currently available in SCARLET OAKS, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 8.9% in the past 6 months. 600 Fir LN, Cottonwood Shores TX 78657 nearby adjusts to $260,770; with a larger floor plan. 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