102 Rei Tang LOOP, Kyle TX 78640

After reviewing 5 recent transactions in 78640, I estimate this property's value at $205,850. A competitive list price for this home right now would fall in the $253,000 to $279,000 range. This home's position in the current 78640 market: the most affordable of 7 comparable homes on the market among comparable properties. This home's smaller footprint (163 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1996 build date influences the valuation. The active market in 78640 includes 7 comparable homes priced from $240,000 to $310,000. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 112 Amherst CT, Kyle TX 78640 carries an adjusted comparable value of $220,082, providing a strong data point. With 5 comparable sales in 78640, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group