632 Magnolia LN, Cottonwood Shores TX 78657

Based on 7 closed sales in SCARLET OAKS, the data points to a value around $249,713 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $260,000 to $281,000. Relative to what's currently available in SCARLET OAKS, this home would be the most affordable of 4 comparable homes on the market. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2003 (6 years older than comps) is factored into the value estimate. Buyers in SCARLET OAKS have 4 comparable options right now, with asking prices between $269,000 and $399,900. Market data shows 78657 prices fallen 12.3% over the last half year. The closest comparable sale, 600 Fir LN, Cottonwood Shores TX 78657 at an adjusted $259,587, is with a larger floor plan. 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