636 Dogwood LN, Cottonwood Shores TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $416,343. I'd recommend coming to market at $217,000 to $227,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SCARLET OAKS. This home's smaller footprint (194 sqft vs the comp average) plays a role in how the market prices it. Built in 1983, this home is 14 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 15.4% in the past 6 months. 600 Fir LN, Cottonwood Shores TX 78657 nearby adjusts to $272,258; with a larger floor plan. Based on 7 relevant data points in SCARLET OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX