206 Lippe LN, Kyle TX 78640

Taking into account 5 nearby comparable sales, this property's estimated value comes to $407,972. If we were to list this property today, I'd recommend a list price in the $337,000 to $347,000 range. This would position the home competitively among 2 active listings in 78640. Being 562 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.00 acres versus 0.81 for the typical comp. Right now, 2 similar properties are competing for buyers in 78640, listed between $339,990 and $367,300. The 6 month price trend in 78640: fallen 6.8%. The best comp here is 371 Lippe LN, Niederwald TX 78640 at an adjusted value of $360,255, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group