1541 Cottonwood RD, Fischer TX 78623

Based on 4 closed sales in 78623, the data points to a value around $391,020 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $379,000 to $403,000. This home's position in the current 78623 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Being built in 2017 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.52 acres versus 0.60 for the typical comp. 4 similar homes are currently available in 78623, creating a buyer's market for this price range. Market data shows 78623 prices risen 4% over the last half year. The closest comparable sale, 1411 Rocky Ridge LOOP, Canyon Lake TX 78133 at an adjusted $389,770, is a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus