103 Red Bird TRL, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $242,842. Based on how the local market is moving, a list price between $204,000 and $214,000 would position this home well. Relative to what's currently available in 78640, this home would be the 2nd least expensive of 7 comparable homes on the market. At 18 years older than typical comps, the 1984 build date influences the valuation. The larger lot (0.59 acres versus the area average of 0.54) contributes to the valuation. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. The 6 month price trend in 78640: fallen 6.6%. The best comp here is 105 Park South DR, Kyle TX 78640 at an adjusted value of $195,710, with a smaller floor plan. With 7 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