131 BELLAIR DR, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $201,930. To sell within a reasonable timeframe at fair market value, the $228,000 to $230,000 range is where I'd position this. Among the similar homes currently available in 78640, this price point stands out as competitive. The 217 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. In 78640, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 112 Amherst CT, Kyle TX 78640, adjusting to $209,544; with a larger floor plan. 7 comparable transactions in 78640 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