195 Peck ST, Kyle TX 78640

The market data from 7 similar recent sales in STUDIO ESTATES points to a value of approximately $432,873. To sell within a reasonable timeframe at fair market value, the $315,000 to $325,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in STUDIO ESTATES. The 2017 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in STUDIO ESTATES; a buyer's market based on recent absorption. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 450 Peck ST, Kyle TX 78640, adjusting to $550,164; with a larger floor plan. 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