657 Magnolia LN, Cottonwood Shores TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $221,763. To generate strong buyer interest while maximizing value, I'd price this between $284,000 and $291,000. Among the similar homes currently available in SCARLET OAKS, this price point stands out as competitive. The 1970 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. 6 similar homes are currently available in SCARLET OAKS, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 12.3% in the past 6 months. 600 Fir LN, Cottonwood Shores TX 78657 nearby adjusts to $272,767; 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