368 Bella Vista CIR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $498,192. For a well positioned listing in ARROYO RANCH SEC ONE, I'd target the $523,000 to $565,000 range. In the current ARROYO RANCH SEC ONE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 121 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2002 construction puts this home 9 years older than the comp average, a factor in the pricing. The active market in ARROYO RANCH SEC ONE includes 3 comparable homes priced from $468,000 to $580,000. Recent trends in 78640 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 316 Caraway, Kyle TX 78640, with an adjusted value of $564,544; with a smaller floor plan. The 7 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