9035 CREEKWOOD PASS, Spring Branch TX 78070

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $844,092. I'd recommend coming to market at $819,000 to $869,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78070, this price positions the property as the most affordable of 3 comparable homes on the market. This home's smaller footprint (383 sqft vs the comp average) plays a role in how the market prices it. Built in 1985, this home is 33 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78070; a buyer's market based on recent absorption. The trend in 78070 shows prices have fallen 28.6% in the past 6 months. 1548 White River RD, Canyon Lake TX 78133 nearby adjusts to $835,771; a strong comparable. Based on 5 relevant data points in 78070, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX