304 Ferrule DR, Kyle TX 78640

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $238,223. I'd recommend coming to market at $245,000 to $266,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in CREEKSIDE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 132 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in CREEKSIDE; a buyer's market based on recent absorption. The trend in CREEKSIDE shows prices have fallen 21.3% in the past 6 months. 656 Ferrule DR, Kyle TX 78640 nearby adjusts to $229,346; a strong comparable. Based on 3 relevant data points in CREEKSIDE, 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