1013 Ottoman LOOP, Troy TX 76579

Reviewing the most recent comparable transactions, this home's market value falls around $203,499. For a well positioned listing in COTTONWOOD, I'd target the $201,000 to $219,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in COTTONWOOD. At 453 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.13 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in COTTONWOOD; a buyer's market based on recent absorption. Recent trends in 76579 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 1012 Chambray DR, Troy TX 76579, with an adjusted value of $187,533; a strong comparable. 7 comparable transactions in COTTONWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group