621 Driftwood, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $292,218. To generate strong buyer interest while maximizing value, I'd price this between $283,000 and $301,000. In the current SCARLET OAKS market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 2003 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 1 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. The trend in 78657 shows prices have fallen 23.9% in the past 6 months. 600 Fir LN, Cottonwood Shores TX 78657 nearby adjusts to $325,784; 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