340 Mexican Hat DR, Spring Branch TX 78070

The estimated value of this property is $885,359, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $720,000 and $730,000. With 1 comparable homes on the market in 78070, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (995 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 4 of 7 comparable homes not offering one. Right now, 1 similar properties are competing for buyers in 78070, listed between $669,000 and $669,000. Recent trends in 78070 show home values have risen 5.3% since 6 months ago. The most comparable recent sale is 1275 Mystic Breeze, Spring Branch TX 78070, with an adjusted value of $850,850; 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