577 Canyon Rock, Spring Branch TX 78070

Based on 7 closed sales in 78070, the data points to a value around $764,891 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $817,000 to $867,000. This would position the home competitively among 2 active listings in 78070. Being built in 2008 (8 years older than comps) is factored into the value estimate. Lot size matters here: 5.97 acres versus 2.92 for the typical comp. 2 similar homes are currently available in 78070, creating a buyer's market for this price range. Market data shows 78070 prices fallen 19.7% over the last half year. The closest comparable sale, 1651 Lake Ridge BLVD, Canyon Lake TX 78133 at an adjusted $782,303, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus