1160 Arbor Knot DR, Kyle TX 78640

The estimated value of this property is $239,637, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $263,000 and $264,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78640. This home's larger footprint (105 sqft vs the comp average) plays a role in how the market prices it. Built in 2003, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 188 Valruth DR, Kyle TX 78640, with an adjusted value of $263,670; a strong comparable. With 4 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