2500 Mathias LN, Kyle TX 78640

The estimated value of this property is $259,022, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $279,000 and $287,000. 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 78640. Built in 1998, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.73 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 110 Cotton Gin RD, Kyle TX 78640, with an adjusted value of $218,420; with a smaller floor plan. Based on 7 relevant data points in 78640, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX