641 Driftwood LN, Cottonwood Shores TX 78657

Cottonwood Shores, TX 78657 | Scarlet Oaks

Ed's Opinion of Value

$83,386 Ed's Estimate: $159,817 $450,000
Lowest Comp Recommended List: $123,000 to $133,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $159,817. I'd recommend coming to market at $123,000 to $133,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SCARLET OAKS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (435 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1975, this home is 15 years older than the average comp, which is reflected in the adjustments. With 7 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 12.3% in the past 6 months. 610 Clear Cove DR, Marble Falls TX 78654 nearby adjusts to $83,386; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
2 Beds
1 Baths 1 Full
680 Sq Ft
0.12 Acres
1975 Built

About This Property

Investors-Remodelers-Builders-First Time Homebuyers: This home could be a real cutie w/a bit of updating & decorating. Great rental home possibility too. This one shouldn't last.FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Marble Falls ISD
Elementary Marble Falls
Middle School Marble Falls
High School Marble Falls

Property Details

Property Type Residential
Flooring Carpet, Vinyl
Cooling Other
Heating See Remarks
Exterior None
County Burnet
MLS # 1101884

Listing History

MLS# 1101884 73 days
Feb 27, 2006 Off Market
Feb 13, 2006 Pending
Dec 10, 2005 Price Change $35,000
Oct 22, 2005 Listed $42,500

Frequently Asked Questions About 641 Driftwood LN, Cottonwood Shores TX 78657

When was 641 Driftwood LN, Cottonwood Shores TX 78657 built?

641 Driftwood LN, Cottonwood Shores TX 78657 was built in 1975.

How much does 641 Driftwood LN, Cottonwood Shores TX 78657 cost?

641 Driftwood LN, Cottonwood Shores TX 78657 sold on February 27, 2006. Contact us for sale price details.

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