1324 Mystic Shores BLVD, Spring Branch TX 78070

The market data from 7 similar recent sales in 78070 points to a value of approximately $596,894. To sell within a reasonable timeframe at fair market value, the $732,000 to $748,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in 78070. This home's larger footprint (120 sqft vs the comp average) plays a role in how the market prices it. At 1.11 acres, the lot is larger than the 0.80 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78070; a buyer's market based on recent absorption. In 78070, home values have risen approximately 19% over the past 6 months. One of the strongest data points is 1123 Long Hollow HOLW, Canyon Lake TX 78133, adjusting to $650,230; a strong comparable. The 7 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