216 Rafe CT, Kyle TX 78640

The market data from 3 similar recent sales in POST OAK points to a value of approximately $295,893. To sell within a reasonable timeframe at fair market value, the $293,000 to $302,000 range is where I'd position this. In the current POST OAK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 2016 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.47 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Buyers in POST OAK have 7 comparable options right now, with asking prices between $239,900 and $310,000. In POST OAK, home values have risen approximately 1% over the past 6 months. One of the strongest data points is 356 Discovery, Kyle TX 78640, adjusting to $303,844; a strong comparable. 3 comparable transactions in POST OAK 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