9011 Cornwall DR, Spring Branch TX 78070

My analysis of 7 comparable properties puts this home's estimated value at $1,083,432. Based on how the local market is moving, a list price between $1,371,000 and $1,405,000 would position this home well. Relative to what's currently available in 78070, this home would be the most affordable of 2 comparable homes on the market. Being 898 sqft larger than the average comparable sale in this area impacts the per square foot value. At 16 years older than typical comps, the 2003 build date influences the valuation. Current inventory shows 2 comparable homes in 78070; a buyer's market based on recent absorption. The 6 month price trend in 78070: fallen 28.6%. The best comp here is 1014 Broken Spoke, Canyon Lake TX 78133 at an adjusted value of $821,645, with a smaller floor plan. With 7 comparable sales in 78070, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group