242 Silver PASS, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $516,772. To generate strong buyer interest while maximizing value, I'd price this between $630,000 and $656,000. Against 7 similar active listings in 6 CREEKS, this price point lands at the most affordable of 7 comparable homes on the market. This home's larger footprint (226 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 6 CREEKS, ranging from $543,900 to $750,000. The trend in 6 CREEKS shows prices have fallen 7.9% in the past 6 months. 440 Five Mile Creek WAY, Kyle TX 78640 nearby adjusts to $539,016; a strong comparable. 4 comparable transactions in 6 CREEKS 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