215 Primrose DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $435,881. For a well positioned listing in 78640, I'd target the $359,000 to $369,000 range. Against 7 similar active listings in 78640, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 0.49 acres, the lot is smaller than the 0.54 acre comp average, which factors into pricing. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. Recent trends in 78640 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 304 Live Oak DR, Mountain City TX 78610, with an adjusted value of $407,200; with a larger floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group