171 Macaw LN, Spring Branch TX 78070

Reviewing the most recent comparable transactions, this home's market value falls around $787,529. For a well positioned listing in 78070, I'd target the $946,000 to $1,070,000 range. Against 3 similar active listings in 78070, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 1,265 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. The active market in 78070 includes 3 comparable homes priced from $669,000 to $2,200,000. Recent trends in 78070 show home values have fallen 19.7% since 6 months ago. The most comparable recent sale is 1065 Country Pike, Canyon Lake TX 78133, with an adjusted value of $1,069,755; with a smaller floor plan. 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