1379 Arbor Knot DR, Kyle TX 78640

The market data from 7 similar recent sales in BROOKSIDE points to a value of approximately $244,932. To sell within a reasonable timeframe at fair market value, the $251,000 to $254,000 range is where I'd position this. Against 3 similar active listings in BROOKSIDE, this price point lands at the most expensive of 3 comparable homes on the market. At 0.11 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BROOKSIDE; a balanced market based on recent absorption. In BROOKSIDE, home values have fallen approximately 11.3% over the past 6 months. One of the strongest data points is 656 Ferrule DR, Kyle TX 78640, adjusting to $225,840; a strong comparable. 7 comparable transactions in BROOKSIDE 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