Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $256,127. To generate strong buyer interest while maximizing value, I'd price this between $285,000 and $289,000. With 7 comparable homes on the market in SPRING BRANCH, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1996 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SPRING BRANCH; a seller's market based on recent absorption. The trend in SPRING BRANCH shows prices have risen 9% in the past 6 months. 459 Jim Miller DR, Kyle TX 78640 nearby adjusts to $281,190; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group