195 Gable ST, Kyle TX 78640

Based on 7 closed sales in STUDIO ESTATES, the data points to a value around $423,806 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $311,000 to $321,000. Relative to what's currently available in STUDIO ESTATES, this home would be the most expensive of 7 comparable homes on the market. Being built in 2012 (12 years older than comps) is factored into the value estimate. Lot size matters here: 0.50 acres versus 0.25 for the typical comp. Current inventory shows 7 comparable homes in STUDIO ESTATES; a buyer's market based on recent absorption. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 450 Peck ST, Kyle TX 78640 at an adjusted $537,904, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in STUDIO ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group