The estimated value of this property is $278,594, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $292,000 and $295,000. In the current HOMETOWN KYLE market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (110 sqft vs the comp average) plays a role in how the market prices it. The active market in HOMETOWN KYLE includes 5 comparable homes priced from $249,000 to $359,900. Recent trends in HOMETOWN KYLE show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 1270 Sweet Gum, Kyle TX 78640, with an adjusted value of $294,855; a strong comparable. Based on 4 relevant data points in HOMETOWN KYLE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX