852 Magnolia LN, Cottonwood Shores TX 78654

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $248,692. I'd recommend coming to market at $298,000 to $308,000 to strike the right balance between value and market velocity. In the current YELLOWSTONE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 114 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1998, this home is 12 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in YELLOWSTONE, listed between $228,000 and $399,900. The trend in 78654 shows prices have fallen 21.8% in the past 6 months. 3915 Willow DR, Horseshoe Bay TX 78657 nearby adjusts to $232,441; a strong comparable. Based on 3 relevant data points in YELLOWSTONE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX