617 Aspen LN, Cottonwood Shores TX 78657

The market data from 7 similar recent sales in SCARLET OAKS points to a value of approximately $244,414. To sell within a reasonable timeframe at fair market value, the $237,000 to $252,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in SCARLET OAKS. This home's smaller footprint (122 sqft vs the comp average) plays a role in how the market prices it. The 1983 construction puts this home 21 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. In 78657, home values have fallen approximately 15.4% over the past 6 months. One of the strongest data points is 600 Fir LN, Cottonwood Shores TX 78657, adjusting to $248,410; with a larger 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