800 Eastwood DR, Cottonwood Shores TX 78657

The market data from 7 similar recent sales in DRIFTWOOD points to a value of approximately $300,972. To sell within a reasonable timeframe at fair market value, the $196,000 to $206,000 range is where I'd position this. In the current DRIFTWOOD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.07 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in DRIFTWOOD; a buyer's market based on recent absorption. In 78657, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 848 Pecan LN, Cottonwood Shores TX 78657, adjusting to $231,007; a strong comparable. 7 comparable transactions in DRIFTWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group