29 Cottonwood LOOP, Morgan's Point Resort TX 76513

Based on 3 closed sales in 76513, the data points to a value around $277,258 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $460,000 to $522,000. Buyers shopping in 76513 right now would see this as a well positioned option among 3 comparable homes. The 229 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1994 (14 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in 76513, ranging from $474,999 to $549,900. Market data shows 76513 prices fallen 9% over the last half year. The closest comparable sale, 1003 Evergreen Farm DR, Temple TX 76502 at an adjusted $268,002, is with a smaller floor plan. This estimate draws on 3 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