7055 Devonshire DR, Spring Branch TX 78070

Reviewing the most recent comparable transactions, this home's market value falls around $719,736. For a well positioned listing in 78070, I'd target the $698,000 to $741,000 range. With 1 comparable homes on the market in 78070, this price positions the property as below the only comparable home currently on the market. Being 277 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. Right now, 1 similar properties are competing for buyers in 78070, listed between $1,750,000 and $1,750,000. Recent trends in 78070 show home values have fallen 28.6% since 6 months ago. The most comparable recent sale is 1471 Redcloud Peak DR, Canyon Lake TX 78133, with an adjusted value of $766,553; with a larger floor plan and no pool. 7 comparable transactions in 78070 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group