1254 Lake Park DR, Spring Branch TX 78070

The market data from 7 similar recent sales in 78070 points to a value of approximately $306,125. To sell within a reasonable timeframe at fair market value, the $251,000 to $261,000 range is where I'd position this. In the current 78070 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1994 construction puts this home 22 years older than the comp average, a factor in the pricing. Buyers in 78070 have 3 comparable options right now, with asking prices between $249,999 and $359,000. In 78070, home values have risen approximately 8.3% over the past 6 months. One of the strongest data points is 7662 Jessica LN, Spring Branch TX 78070, adjusting to $327,017; a strong comparable. 7 comparable transactions in 78070 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