124 Otter RD, Kyle TX 78640

The market data from 7 similar recent sales in COOL SPRINGS points to a value of approximately $349,030. To sell within a reasonable timeframe at fair market value, the $349,000 to $350,000 range is where I'd position this. With 5 comparable homes on the market in COOL SPRINGS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (198 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2022 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in COOL SPRINGS; a buyer's market based on recent absorption. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 235 Silver Springs BND, Kyle TX 78640, adjusting to $343,748; a strong comparable. 7 comparable transactions in COOL SPRINGS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group