641 Magnolia LN, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $322,109. To generate strong buyer interest while maximizing value, I'd price this between $220,000 and $230,000. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. Being 407 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2024 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 30.1% in the past 6 months. 650 Birch LN, Cottonwood Shores TX 78657 nearby adjusts to $279,763; with a larger floor plan. 7 comparable transactions in SCARLET OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group