181 Mexican Hat DR, Spring Branch TX 78070

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $680,898. To generate strong buyer interest while maximizing value, I'd price this between $587,000 and $597,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in 78070. The 521 sqft size difference versus comparable sales is reflected in the adjusted values. The 2012 construction puts this home 5 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in 78070, creating a buyer's market for this price range. The trend in 78070 shows prices have fallen 19.7% in the past 6 months. 1651 Lake Ridge BLVD, Canyon Lake TX 78133 nearby adjusts to $753,911; a strong comparable. 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