245 Brooks Ranch DR, Kyle TX 78640

The market data from 7 similar recent sales in BROOKS RANCH points to a value of approximately $439,796. To sell within a reasonable timeframe at fair market value, the $519,000 to $521,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in BROOKS RANCH. Being 350 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Buyers in BROOKS RANCH have 5 comparable options right now, with asking prices between $449,900 and $549,276. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 229 Golden Gate LN, Kyle TX 78640, adjusting to $437,628; a strong comparable. The 7 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