The Johnson Ranch Development, Photo by Eric W. Pohl Photography
Cost of Living
A Great Place to Invest, Live, Work & Play!
The Bulverde/Spring Branch Area has a unique quality of life that is further enriched by low city, county and school taxes. As of March 2016, the cost of living in Bulverde (78163) was 17.8% below the national average, in Spring Branch (78070) it was 16.9% below the national average, and in Lookout Canyon/Timberwood Park (78260) area it was 10.5% below the national average. Source: www.city-data.com
The median home value in the Bulverde area (78163) is $359,600. Bulverde area home values have gone up 5.3% over the past year and it is predicted they will rise 2.9% within the next year. The median list price per square foot in the Bulverde area is $135, which is lower than the Bulverde average of $138. The median price of homes currently listed in 78163 is $346,990.
The median home value in the Spring Branch area (78070) is $368,700. Spring Branch home values have gone up 5.1% over the past year and it is predicted they will rise 2.0% within the next year. The median list price per square foot in the Spring Branch area is $154, which is higher than the Spring Branch average of $147. The median price of homes currently listed in 78070 is $429,450.
The median home value in the Lookout Canyon/Timberwood Park area (78260) is $314,600. Lookout Canyon/Timberwood Park area home values have gone up 3.9% over the past year and it is predicted they will rise 1.1% within the next year. The median list price per square foot in Lookout Canyon/Timberwood Park is $133, which is higher than the San Antonio average of $114. The median price of homes currently listed in Lookout Canyon/Timberwood Park is $385,000. The median rent price in 78260 is $1,922, which is higher than the San Antonio median of $1,250.
The median home value in this overall area is an average of $387,146, making the Bulverde/Spring Branch area a great place to invest, live, work and play! Source: zillow.com Home Value Index.
Comal ISD taxpayers, who qualify, pay 20 percent less in property taxes every year because Comal ISD is one of the few districts in the state that provide an additional 20 percent homestead exemption. This means that while the tax rate may be a little higher than neighboring districts, the amount of taxes paid on a $200,000 home averages $575 per year less than neighboring districts.