121 Phillips DR, Kyle TX 78640

The market data from 7 similar recent sales in KYLE points to a value of approximately $363,119. To sell within a reasonable timeframe at fair market value, the $379,000 to $397,000 range is where I'd position this. Against 7 similar active listings in KYLE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. 7 similar homes are currently available in KYLE, creating a buyer's market for this price range. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 121 Kennicott DR, Kyle TX 78640, adjusting to $376,413; 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