320 Verbena DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $446,619. For a well positioned listing in VILLAGE MEADOW WOODS, I'd target the $265,000 to $275,000 range. In the current VILLAGE MEADOW WOODS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2003 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.52 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in VILLAGE MEADOW WOODS; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 402 Sunflower CV, Kyle TX 78640, with an adjusted value of $449,608; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group