644 Cypress LN, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $307,117. To generate strong buyer interest while maximizing value, I'd price this between $165,000 and $175,000. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. The 2022 construction puts this home 14 years newer than the comp average, a factor in the pricing. At 0.12 acres, the lot is smaller than the 5.42 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 26% in the past 6 months. 650 Birch LN, Cottonwood Shores TX 78657 nearby adjusts to $288,900; 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