397 Big Sandy, Kyle TX 78640

The estimated value of this property is $294,576, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $307,000 and $313,000. In the current 78640 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 129 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 5 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in 78640, listed between $285,000 and $334,000. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 173 Ruby Lake DR, Kyle TX 78640, with an adjusted value of $257,642; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group