2225 CASCADA PKWY, 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 $461,771. I'd recommend coming to market at $553,000 to $618,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in CASCADA. At 785 sqft larger than the typical comp, the size difference factors into the valuation. The 1.00 acre lot (larger than the 0.78 acre average) is reflected in the estimate. With 3 similar homes currently listed in CASCADA (a buyer's market), competition is a factor to consider. The trend in 78070 shows prices have risen 63.9% in the past 6 months. 1251 Mystic Breeze, Spring Branch TX 78070 nearby adjusts to $547,039; 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