1652 Point VW, Spring Branch TX 78070

Based on 7 closed sales in 78070, the data points to a value around $274,254 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $233,000 to $243,000. Relative to what's currently available in 78070, this home would be the most expensive of 2 comparable homes on the market. Being built in 2013 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.66 acres versus 0.27 for the typical comp. The active market in 78070 includes 2 comparable homes priced from $229,900 to $309,990. Market data shows 78070 prices fallen 19.7% over the last half year. The closest comparable sale, 1628 Rim Rock CV, Spring Branch TX 78070 at an adjusted $273,347, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus