428 STENNIS, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $257,450. I'd recommend coming to market at $250,000 to $265,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 78640. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 430 Zebra DR, Kyle TX 78640 nearby adjusts to $225,907; a strong comparable. Based on 3 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