The market data from 5 similar recent sales in AMBERWOOD PH TWO points to a value of approximately $237,941. To sell within a reasonable timeframe at fair market value, the $248,000 to $254,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in AMBERWOOD PH TWO. Right now, 7 similar properties are competing for buyers in AMBERWOOD PH TWO, listed between $210,000 and $299,900. In 78640, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 156 N Maplewood, Kyle TX 78640, adjusting to $254,000; a strong comparable. The 5 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