243 Hilmar LN, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $299,249. To generate strong buyer interest while maximizing value, I'd price this between $259,000 and $261,000. With 7 comparable homes on the market in 78640, this price positions the property as the most expensive of 7 comparable homes on the market. At 141 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. The active market in 78640 includes 7 comparable homes priced from $247,990 to $307,890. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 1092 Engelke RD, Niederwald TX 78640 nearby adjusts to $326,410; a strong comparable. 3 comparable transactions in 78640 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