124 Steel Lake DR, Kyle TX 78640

Based on 7 closed sales in 78640, the data points to a value around $282,122 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $304,000 to $311,000. This would position the home competitively among 6 active listings in 78640. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.34 acres versus 0.19 for the typical comp. The active market in 78640 includes 6 comparable homes priced from $285,000 to $349,900. Market data shows 78640 prices fallen 4.1% over the last half year. The closest comparable sale, 173 Ruby Lake DR, Kyle TX 78640 at an adjusted $260,748, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group