401 Graef A RD, Kyle TX 78640

The estimated value of this property is $389,507, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $382,000 and $397,000. Against 7 similar active listings in 78640, this price point lands at the most expensive of 7 comparable homes on the market. The 270 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.00 acre lot (larger than the 0.65 acre average) is reflected in the estimate. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. Recent trends in 78640 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 371 Lippe LN, Niederwald TX 78640, with an adjusted value of $358,365; with a smaller floor plan. Based on 4 relevant data points in 78640, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX