172 Scarlet Oak CV, Kyle TX 78640

After reviewing 7 recent transactions in 78640, I estimate this property's value at $379,813. A competitive list price for this home right now would fall in the $400,000 to $406,000 range. Buyers shopping in 78640 right now would see this as a well positioned option among 4 comparable homes. Being 199 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in 78640; a buyer's market based on recent absorption. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 172 Alder DR, Kyle TX 78640 carries an adjusted comparable value of $410,796, providing a strong data point. The comp data here (7 sales in 78640) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus