741 Pecan LN, Cottonwood Shores TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $258,019. I'd recommend coming to market at $199,000 to $209,000 to strike the right balance between value and market velocity. Against 3 similar active listings in DRIFTWOOD, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Being 132 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1975, this home is 7 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in DRIFTWOOD, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 23.9% in the past 6 months. 5321 FM 2147 # 3, Horseshoe Bay TX 78657 nearby adjusts to $205,364; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group