2801 Rohde RD, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $385,919. To sell within a reasonable timeframe at fair market value, the $385,000 to $440,000 range is where I'd position this. Against 0 similar active listings in 78640, this price point lands at no active comparable homes on the market. The 1997 construction puts this home 20 years older than the comp average, a factor in the pricing. At 5.01 acres, the lot is larger than the 1.20 acre comp average, which factors into pricing. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 311 Martin Church RD, Niederwald TX 78640, adjusting to $384,768; a strong comparable. 7 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