196 Mercedes LN, Kyle TX 78640

4 recent sales within half a mile of this address suggest a current value of $209,384. My recommended list price range for this property would be $265,000 to $269,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in GREAT HILLS. The larger floor plan (452 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 17 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in GREAT HILLS (a buyer's market), competition is a factor to consider. In GREAT HILLS, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 595 Tahoe DR, Kyle TX 78640, adjusting to $227,214; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group