118 Red Bird TRL, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $279,532. For a well positioned listing in 78640, I'd target the $175,000 to $185,000 range. Against 7 similar active listings in 78640, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (176 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 7 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. Recent trends in 78640 show home values have fallen 2.1% since 6 months ago. The most comparable recent sale is 2001 Goforth RD, Kyle TX 78640, with an adjusted value of $548,385; a strong comparable. 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