172 Discovery LN, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $257,746. For a well positioned listing in 78640, I'd target the $219,000 to $229,000 range. Among the similar homes currently available in 78640, this price point stands out as competitive. At 129 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 150 Primrose BLVD, Kyle TX 78640, with an adjusted value of $264,030; a strong comparable. 5 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