1301 S Old Stagecoach RD, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $348,229. I'd recommend coming to market at $270,000 to $280,000 to strike the right balance between value and market velocity. In the current 78640 market with 1 similar homes available, this price represents below the only comparable home currently on the market. Built in 1980, this home is 38 years older than the average comp, which is reflected in the adjustments. The 6.36 acre lot (larger than the 0.18 acre average) is reflected in the estimate. With 1 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 4527 Royal Oak BLVD, San Marcos TX 78666 nearby adjusts to $343,920; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group