653 Birch LN, Cottonwood Shores TX 78657

The market data from 7 similar recent sales in SCARLET OAKS points to a value of approximately $344,936. To sell within a reasonable timeframe at fair market value, the $239,000 to $249,000 range is where I'd position this. In the current SCARLET OAKS market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. This home's larger footprint (113 sqft vs the comp average) plays a role in how the market prices it. At 0.11 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in SCARLET OAKS, ranging from $217,500 to $499,900. In 78657, home values have fallen approximately 21% over the past 6 months. One of the strongest data points is 650 Birch LN, Cottonwood Shores TX 78657, adjusting to $310,277; 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