Reviewing the most recent comparable transactions, this home's market value falls around $277,858. For a well positioned listing in SPRING BRANCH II SEC FOUR, I'd target the $270,000 to $286,000 range. With 7 comparable homes on the market in SPRING BRANCH II SEC FOUR, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Buyers in SPRING BRANCH II SEC FOUR have 7 comparable options right now, with asking prices between $249,999 and $325,000. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 142 Sassafras CV, Kyle TX 78640, with an adjusted value of $292,435; a strong comparable. 3 comparable transactions in SPRING BRANCH II SEC FOUR 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
