287 Spider Lily DR, Kyle TX 78640

The market data from 7 similar recent sales in SOUTHGROVE points to a value of approximately $319,157. To sell within a reasonable timeframe at fair market value, the $355,000 to $383,000 range is where I'd position this. With 7 comparable homes on the market in SOUTHGROVE, this price positions the property as the most affordable of 7 comparable homes on the market. At 193 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTHGROVE (a buyer's market), competition is a factor to consider. In SOUTHGROVE, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 356 Spider Lily DR, Kyle TX 78640, adjusting to $308,707; a strong comparable. 7 comparable transactions in SOUTHGROVE 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