305 Verbena DR, Kyle TX 78640

After reviewing 3 recent transactions in VILLAGE MEADOW WOODS, I estimate this property's value at $414,414. A competitive list price for this home right now would fall in the $310,000 to $320,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in VILLAGE MEADOW WOODS's current inventory. The 169 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.47 acres versus the area average of 0.54) contributes to the valuation. With 7 similar homes currently listed in VILLAGE MEADOW WOODS (a buyer's market), competition is a factor to consider. Prices in 78640 have fallen 5.1% over the last 6 months. A similar home at 206 Live Oak DR, Mountain City TX 78610 carries an adjusted comparable value of $429,492, providing a strong data point. With 3 comparable sales in VILLAGE MEADOW WOODS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group