4250 Richmond Ave, Spring Branch TX 78070

Reviewing the most recent comparable transactions, this home's market value falls around $801,698. For a well positioned listing in 78070, I'd target the $830,000 to $906,000 range. In the current 78070 market with 0 similar homes available, this price represents no active comparable homes on the market. Being 1,426 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2000 construction puts this home 18 years older than the comp average, a factor in the pricing. Recent trends in 78070 show home values have risen 5% since 6 months ago. The most comparable recent sale is 1471 Redcloud Peak DR, Canyon Lake TX 78133, with an adjusted value of $653,730; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group