1033 Fairway, Kyle TX 78640

The market data from 4 similar recent sales in 78640 points to a value of approximately $545,918. To sell within a reasonable timeframe at fair market value, the $586,000 to $611,000 range is where I'd position this. Against 7 similar active listings in 78640, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (443 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.31 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Buyers in 78640 have 7 comparable options right now, with asking prices between $449,900 and $699,900. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 288 Caraway, Kyle TX 78640, adjusting to $585,723; with a smaller floor plan and a pool. 4 comparable transactions in 78640 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