108 Lake CRST, Spring Branch TX 78070

The market data from 6 similar recent sales in LAKE OF THE HILLS points to a value of approximately $404,428. To sell within a reasonable timeframe at fair market value, the $560,000 to $579,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in LAKE OF THE HILLS. The 915 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.32 acres, the lot is smaller than the 3.01 acre comp average, which factors into pricing. In 78070, home values have fallen approximately 47.7% over the past 6 months. One of the strongest data points is 718 Chip Shot CIR, Spring Branch TX 78070, adjusting to $280,756; with a larger floor plan. The 6 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