1860 Cottonwood RD, Fischer TX 78623

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $409,051. Pricing this home between $413,000 and $429,000 would put it in the competitive sweet spot for 78623. This home's position in the current 78623 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.51 acres versus the area average of 0.56) contributes to the valuation. Buyers in 78623 have 7 comparable options right now, with asking prices between $354,900 and $530,000. Market data shows 78623 prices risen 32.4% over the last half year. The closest comparable sale, 1411 Rocky Ridge LOOP, Canyon Lake TX 78133 at an adjusted $388,143, is a strong comparable. The comp data here (3 sales in 78623) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus