108 Lake CRST, Spring Branch TX 78070

The market data from 6 similar recent sales in 78070 points to a value of approximately $417,854. To sell within a reasonable timeframe at fair market value, the $275,000 to $285,000 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 78070. The 723 sqft size difference versus comparable sales is reflected in the adjusted values. The 2007 construction puts this home 9 years newer than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78070, ranging from $255,000 to $255,000. In 78070, home values have fallen approximately 19.7% over the past 6 months. One of the strongest data points is 2793 Contour DR, Spring Branch TX 78070, adjusting to $192,425; 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