7632 Jessica LN, Spring Branch TX 78070

Reviewing the most recent comparable transactions, this home's market value falls around $621,825. For a well positioned listing in 78070, I'd target the $603,000 to $640,000 range. Against 1 similar active listings in 78070, this price point lands at below the only comparable home currently on the market. At 1,120 sqft larger than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 10 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in 78070, listed between $794,999 and $794,999. Recent trends in 78070 show home values have risen 8.3% since 6 months ago. The most comparable recent sale is 2705 Campestres, Spring Branch TX 78070, with an adjusted value of $836,550; with a smaller floor plan and a pool. 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