323 Bonanza ST, Kyle TX 78640

Taking into account 7 nearby comparable sales, this property's estimated value comes to $309,468. If we were to list this property today, I'd recommend a list price in the $266,000 to $276,000 range. Relative to what's currently available in RANCH PORTER CREEK, this home would be the 4th most expensive of 7 comparable homes on the market. At 108 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.75 acres versus 0.38 for the typical comp. With 7 similar homes currently listed in RANCH PORTER CREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in 78640: fallen 6.1%. The best comp here is 233 Devonshire DR, Kyle TX 78640 at an adjusted value of $291,006, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in RANCH PORTER CREEK. 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