1012 Velvet CT, Troy TX 76579

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $242,290. Pricing this home between $242,000 and $249,000 would put it in the competitive sweet spot for COTTONWOOD. This would position the home competitively among 3 active listings in COTTONWOOD. The larger floor plan (148 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.13 acres versus the area average of 0.19) contributes to the valuation. With 3 similar homes currently listed in COTTONWOOD (a buyer's market), competition is a factor to consider. The closest comparable sale, 500 Magnolia DR, Troy TX 76579 at an adjusted $285,935, is with a larger floor plan. The comp data here (7 sales in COTTONWOOD) 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