731 Cypress LN, Cottonwood Shores TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $605,766. For a well positioned listing in DRIFTWOOD, I'd target the $686,000 to $701,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in DRIFTWOOD. This home's larger footprint (155 sqft vs the comp average) plays a role in how the market prices it. At 0.46 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. The active market in DRIFTWOOD includes 7 comparable homes priced from $499,000 to $1,198,000. Recent trends in DRIFTWOOD show home values have fallen 46.9% since 6 months ago. The most comparable recent sale is 300 San Saba ST, Marble Falls TX 78654, with an adjusted value of $701,032; with a smaller floor plan. The 3 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