123 Red Bird, Kyle TX 78640

Based on 7 closed sales in 78640, the data points to a value around $242,373 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $193,000 to $203,000. Relative to what's currently available in 78640, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 1984 (23 years older than comps) is factored into the value estimate. Lot size matters here: 0.59 acres versus 0.21 for the typical comp. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 349 Buckingham DR, Kyle TX 78640 at an adjusted $253,938, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus