7954 Pronghorn DR, Spring Branch TX 78070

Based on 7 closed sales in 78070, the data points to a value around $319,884 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $268,000 to $278,000. Buyers shopping in 78070 right now would see this as a well positioned option among 5 comparable homes. This home's larger footprint (199 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.52 acres versus 0.22 for the typical comp. Current inventory shows 5 comparable homes in 78070; a buyer's market based on recent absorption. Market data shows 78070 prices fallen 19.7% over the last half year. The closest comparable sale, 718 Chip Shot CIR, Spring Branch TX 78070 at an adjusted $318,521, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78070. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group