112 Bellair DR, Kyle TX 78640

After reviewing 7 recent transactions in SPRING BRANCH, I estimate this property's value at $257,036. A competitive list price for this home right now would fall in the $259,000 to $262,000 range. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in SPRING BRANCH's current inventory. At 7 years older than typical comps, the 1996 build date influences the valuation. The larger lot (0.24 acres versus the area average of 0.16) contributes to the valuation. The active market in SPRING BRANCH includes 6 comparable homes priced from $239,900 to $269,000. Prices in 78640 have fallen 4.6% over the last 6 months. A similar home at 450 Jim Miller DR, Kyle TX 78640 carries an adjusted comparable value of $243,148, providing a strong data point. With 7 comparable sales in SPRING BRANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group