328 Spring Branch LOOP, Kyle TX 78640

After reviewing 4 recent transactions in SPRING BRANCH II SEC FOUR, I estimate this property's value at $233,898. A competitive list price for this home right now would fall in the $269,000 to $280,000 range. This home's position in the current SPRING BRANCH II SEC FOUR market: the most affordable of 7 comparable homes on the market among comparable properties. At 160 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.22 acres versus the area average of 0.16) contributes to the valuation. With 7 similar homes currently listed in SPRING BRANCH II SEC FOUR (a buyer's market), competition is a factor to consider. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 216 Fall Creek DR, Kyle TX 78640 carries an adjusted comparable value of $219,169, providing a strong data point. With 4 comparable sales in SPRING BRANCH II SEC FOUR, 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