900 Chambray DR, Troy TX 76579

The market data from 7 similar recent sales in COTTONWOOD points to a value of approximately $195,070. To sell within a reasonable timeframe at fair market value, the $191,000 to $199,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in COTTONWOOD. At 390 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. 1 similar homes are currently available in COTTONWOOD, creating a buyer's market for this price range. In 76579, home values have risen approximately 5.5% over the past 6 months. One of the strongest data points is 1012 Chambray DR, Troy TX 76579, adjusting to $187,533; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group