368 Bonanza ST, Kyle TX 78640

After reviewing 7 recent transactions in 78640, I estimate this property's value at $300,887. A competitive list price for this home right now would fall in the $186,000 to $196,000 range. Buyers shopping in 78640 right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (103 sqft vs the comp average) plays a role in how the market prices it. At 11 years older than typical comps, the 2002 build date influences the valuation. Right now, 7 similar properties are competing for buyers in 78640, listed between $189,000 and $795,900. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 44 S Old Spanish TRL S, Kyle TX 78640 carries an adjusted comparable value of $322,861, providing a strong data point. With 7 comparable sales in 78640, 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