381 Primrose BLVD, Kyle TX 78640

After reviewing 7 recent transactions in PRAIRIE, I estimate this property's value at $222,081. A competitive list price for this home right now would fall in the $278,000 to $282,000 range. Relative to what's currently available in PRAIRIE, this home would be the most affordable of 7 comparable homes on the market. At 191 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 7 comparable homes in PRAIRIE; a buyer's market based on recent absorption. Prices in PRAIRIE have fallen 22.9% over the last 6 months. A similar home at 596 Goldenrod ST, Kyle TX 78640 carries an adjusted comparable value of $208,920, providing a strong data point. With 7 comparable sales in PRAIRIE, 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