205 Bailey LOOP, Kyle TX 78640

The market data from 3 similar recent sales in STEEPLECHASE points to a value of approximately $287,754. To sell within a reasonable timeframe at fair market value, the $300,000 to $306,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in STEEPLECHASE. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in STEEPLECHASE, listed between $235,000 and $349,900. In STEEPLECHASE, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 180 Stephen CT, Kyle TX 78640, adjusting to $290,462; with a larger floor plan. 3 comparable transactions in STEEPLECHASE 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