104 Wallace ST, Kyle TX 78640

The market data from 7 similar recent sales in YOUNG & WOOD points to a value of approximately $329,156. To sell within a reasonable timeframe at fair market value, the $254,000 to $264,000 range is where I'd position this. Against 7 similar active listings in YOUNG & WOOD, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1950 construction puts this home 65 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Buyers in YOUNG & WOOD have 7 comparable options right now, with asking prices between $269,900 and $474,900. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 1000 Estival DR, Kyle TX 78640, adjusting to $272,760; a strong comparable. 7 comparable transactions in YOUNG & WOOD 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