197 Prairie Verbena DR, Kyle TX 78640

Based on 7 closed sales in INDIAN PAINTBRUSH, the data points to a value around $265,379 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $219,000 to $229,000. This home's position in the current INDIAN PAINTBRUSH market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.27 acres versus 0.21 for the typical comp. Current inventory shows 7 comparable homes in INDIAN PAINTBRUSH; a buyer's market based on recent absorption. Market data shows 78640 prices fallen 5.3% over the last half year. The closest comparable sale, 292 Dandelion LOOP, Kyle TX 78640 at an adjusted $242,847, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus