209 Spring Branch LOOP, Kyle TX 78640

After reviewing 7 recent transactions in SPRING BRANCH II, I estimate this property's value at $245,586. A competitive list price for this home right now would fall in the $238,000 to $253,000 range. Buyers shopping in SPRING BRANCH II right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in SPRING BRANCH II; a buyer's market based on recent absorption. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 164 Spring Branch LOOP, Kyle TX 78640 carries an adjusted comparable value of $264,796, providing a strong data point. With 7 comparable sales in SPRING BRANCH II, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group