1080 Grassland, Kyle TX 78640

The market data from 3 similar recent sales in 78640 points to a value of approximately $431,777. To sell within a reasonable timeframe at fair market value, the $312,000 to $322,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78640. Being 107 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.75 acres, the lot is smaller than the 0.81 acre comp average, which factors into pricing. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. In 78640, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 2020 Ridgemont LN, Kyle TX 78640, adjusting to $435,634; a strong comparable. The 3 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