184 Derrick DR, Spring Branch TX 78070

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $392,622. I'd recommend coming to market at $400,000 to $498,000 to strike the right balance between value and market velocity. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 78070. Being 647 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 12 years older than the average comp, which is reflected in the adjustments. The trend in 78070 shows prices have fallen 19.7% in the past 6 months. 4575 Tanglewood TRL, Spring Branch TX 78070 nearby adjusts to $399,956; 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