1001 S Sledge ST, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $321,900. I'd recommend coming to market at $338,000 to $341,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78640, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1910, this home is 104 years older than the average comp, which is reflected in the adjustments. The 17.19 acre lot (larger than the 0.18 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78640, ranging from $310,000 to $395,000. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 126 Johnny Cake DR, Kyle TX 78640 nearby adjusts to $336,924; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group