1055 Mathias LN, Kyle TX 78640

The estimated value of this property is $232,270, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $245,000 and $249,000. In the current MEADOW VISTA market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (315 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in MEADOW VISTA (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 283 Big Sandy DR, Kyle TX 78640, with an adjusted value of $248,965; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group