400 Masonwood DR, Kyle TX 78640

The market data from 7 similar recent sales in TRAILS points to a value of approximately $287,051. To sell within a reasonable timeframe at fair market value, the $320,000 to $328,000 range is where I'd position this. Against 7 similar active listings in TRAILS, this price point lands at the most affordable of 7 comparable homes on the market. The larger floor plan (217 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TRAILS, ranging from $300,000 to $395,000. In TRAILS, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 501 Thicket LN, Kyle TX 78640, adjusting to $273,713; 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