1101 Velvet CT, Troy TX 76579

Taking into account 3 nearby comparable sales, this property's estimated value comes to $230,108. If we were to list this property today, I'd recommend a list price in the $223,000 to $237,000 range. This home's position in the current COTTONWOOD market: below the only comparable home currently on the market among comparable properties. The larger floor plan (264 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 1 comparable homes in COTTONWOOD; a buyer's market based on recent absorption. The 6 month price trend in 76579: risen 1%. The best comp here is 1208 Canyon Turn DR, Troy TX 76579 at an adjusted value of $245,035, with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in COTTONWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group