391 Bonanza ST, Kyle TX 78640

The market data from 7 similar recent sales in RANCH PORTER CREEK points to a value of approximately $286,308. To sell within a reasonable timeframe at fair market value, the $226,000 to $236,000 range is where I'd position this. In the current RANCH PORTER CREEK market with 7 similar homes available, this price represents the 0th most expensive of 7 comparable homes on the market. The 2004 construction puts this home 6 years older than the comp average, a factor in the pricing. At 1.04 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RANCH PORTER CREEK, listed between $219,000 and $275,000. In 78640, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 371 Bloomsbury DR, Kyle TX 78640, adjusting to $269,081; a strong comparable. 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