635 Driftwood LN, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $411,515. To generate strong buyer interest while maximizing value, I'd price this between $303,000 and $312,000. Against 2 similar active listings in SCARLET OAKS, this price point lands at the most expensive of 2 comparable homes on the market. The 1970 construction puts this home 27 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is smaller than the 5.43 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in SCARLET OAKS, listed between $324,999 and $330,000. 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 $288,047; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group