171 Mustang LN, Spring Branch TX 78070

The estimated value of this property is $374,900, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $429,000 and $430,000. Against 3 similar active listings in 78070, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.13 acre lot (larger than the 0.98 acre average) is reflected in the estimate. 3 similar homes are currently available in 78070, creating a buyer's market for this price range. Recent trends in 78070 show home values have risen 63.9% since 6 months ago. The most comparable recent sale is 718 Chip Shot CIR, Spring Branch TX 78070, with an adjusted value of $360,937; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group