101 Teal LN, Kyle TX 78640

The market data from 7 similar recent sales in CROSSHOUSE points to a value of approximately $462,251. To sell within a reasonable timeframe at fair market value, the $511,000 to $545,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in CROSSHOUSE. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.19 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 127 Maple DR, Mountain City TX 78610, adjusting to $511,074; with a smaller floor plan. 7 comparable transactions in CROSSHOUSE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group