7011 Broken Arrow, Spring Branch TX 78070

After reviewing 7 recent transactions in 78070, I estimate this property's value at $284,989. A competitive list price for this home right now would fall in the $276,000 to $294,000 range. Relative to what's currently available in 78070, this home would be the most affordable of 2 comparable homes on the market. At 243 sqft larger than the typical comp, the size difference factors into the valuation. At 31 years older than typical comps, the 1985 build date influences the valuation. The active market in 78070 includes 2 comparable homes priced from $325,000 to $359,000. Prices in 78070 have risen 155.8% over the last 6 months. A similar home at 7662 Jessica LN, Spring Branch TX 78070 carries an adjusted comparable value of $322,155, providing a strong data point. The comp data here (7 sales in 78070) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus