316 Ayers, Kyle TX 78640

Taking into account 7 nearby comparable sales, this property's estimated value comes to $499,302. If we were to list this property today, I'd recommend a list price in the $330,000 to $340,000 range. This would position the home competitively among 7 active listings in 78640. Being built in 2002 (19 years older than comps) is factored into the value estimate. Lot size matters here: 1.77 acres versus 0.20 for the typical comp. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. The 6 month price trend in 78640: fallen 6.8%. The best comp here is 109 Kalamon CT, San Marcos TX 78666 at an adjusted value of $442,260, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group