118 Bridle PATH, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $299,876. For a well positioned listing in APPALOOSA ACRES, I'd target the $239,000 to $249,000 range. With 7 comparable homes on the market in APPALOOSA ACRES, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1996 construction puts this home 14 years older than the comp average, a factor in the pricing. At 2.50 acres, the lot is larger than the 1.01 acre comp average, which factors into pricing. With 7 similar homes currently listed in APPALOOSA ACRES (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 109 Appaloosa DR, Kyle TX 78640, with an adjusted value of $281,064; with a larger floor plan. The 7 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