198 SCARLET OAK CV, Kyle TX 78640

The market data from 7 similar recent sales in HOMETOWN KYLE points to a value of approximately $383,903. To sell within a reasonable timeframe at fair market value, the $407,000 to $427,000 range is where I'd position this. With 5 comparable homes on the market in HOMETOWN KYLE, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (151 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in HOMETOWN KYLE, listed between $379,500 and $499,900. In HOMETOWN KYLE, home values have fallen approximately 3.6% over the past 6 months. One of the strongest data points is 154 Larch CV, Kyle TX 78640, adjusting to $439,024; a strong comparable. 7 comparable transactions in HOMETOWN KYLE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group