1218 High PT, Spring Branch TX 78070

My analysis of 7 comparable properties puts this home's estimated value at $288,886. Based on how the local market is moving, a list price between $280,000 and $298,000 would position this home well. This pricing would rank the home as below the only comparable home currently on the market in 78070's current inventory. The larger floor plan (318 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.20 acres versus the area average of 0.93) contributes to the valuation. The active market in 78070 includes 1 comparable homes priced from $469,000 to $469,000. The 6 month price trend in 78070: risen 46.7%. The best comp here is 4575 Tanglewood TRL, Spring Branch TX 78070 at an adjusted value of $322,441, a strong comparable. With 7 comparable sales in 78070, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group