159 Bonanza ST, Kyle TX 78640

The estimated value of this property is $291,780, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $165,000 and $175,000. With 4 comparable homes on the market in RANCH PORTER CREEK, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.75 acre lot (larger than the 0.16 acre average) is reflected in the estimate. The active market in RANCH PORTER CREEK includes 4 comparable homes priced from $149,999 to $275,000. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 446 Paddington DR, Kyle TX 78640, with an adjusted value of $277,827; 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