174 CHALLENGER, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $218,278. To sell within a reasonable timeframe at fair market value, the $184,000 to $194,000 range is where I'd position this. In the current 78640 market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 2008 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 6 similar homes are currently available in 78640, creating a buyer's market for this price range. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 109 Onyx Lake DR, Kyle TX 78640, adjusting to $201,465; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group