230 Masonwood DR, Kyle TX 78640

The market data from 4 similar recent sales in TRAILS points to a value of approximately $294,886. To sell within a reasonable timeframe at fair market value, the $341,000 to $356,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TRAILS. The 1998 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. With 7 similar homes currently listed in TRAILS (a buyer's market), competition is a factor to consider. In TRAILS, home values have fallen approximately 6.4% over the past 6 months. One of the strongest data points is 360 Whispering Hollow DR, Kyle TX 78640, adjusting to $253,921; a strong comparable. 4 comparable transactions in TRAILS 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