The estimated value of this property is $329,518, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $331,000 and $335,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in COTTONWOOD. Built in 1984, this home is 23 years older than the average comp, which is reflected in the adjustments. The 0.27 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Buyers in COTTONWOOD have 7 comparable options right now, with asking prices between $297,500 and $346,990. The most comparable recent sale is 400 Canadian CV, Hutto TX 78634, with an adjusted value of $287,113; a strong comparable. Based on 7 relevant data points in COTTONWOOD, 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