140 Beech DR, Kyle TX 78640

The market data from 7 similar recent sales in WATERLEAF points to a value of approximately $216,382. To sell within a reasonable timeframe at fair market value, the $238,000 to $249,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in WATERLEAF. This home's smaller footprint (641 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WATERLEAF; a buyer's market based on recent absorption. In WATERLEAF, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 171 Beech DR, Kyle TX 78640, adjusting to $218,400; a strong comparable. 7 comparable transactions in WATERLEAF 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