635 Magnolia LN, Cottonwood Shores TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $247,495. For a well positioned listing in SCARLET OAKS, I'd target the $260,000 to $267,000 range. In the current SCARLET OAKS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 132 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2000 construction puts this home 17 years older than the comp average, a factor in the pricing. The active market in SCARLET OAKS includes 2 comparable homes priced from $264,900 to $399,900. Recent trends in 78657 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 600 Fir LN, Cottonwood Shores TX 78657, with an adjusted value of $260,222; with a larger floor plan. 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