140 Cypress Springs DR, Spring Branch TX 78070

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $412,917. To generate strong buyer interest while maximizing value, I'd price this between $401,000 and $425,000. In the current 78070 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The larger floor plan (797 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1999 construction puts this home 13 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in 78070, listed between $685,000 and $685,000. The trend in 78070 shows prices have risen 155.8% in the past 6 months. 4575 Tanglewood TRL, Spring Branch TX 78070 nearby adjusts to $469,000; with a smaller floor plan. 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