434 Lippe LN, Kyle TX 78640

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $352,831. Pricing this home between $249,000 and $259,000 would put it in the competitive sweet spot for 78640. Relative to what's currently available in 78640, this home would be the most expensive of 7 comparable homes on the market. The larger lot (1.00 acres versus the area average of 0.81) contributes to the valuation. With 7 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 434 Lippe LN, Niederwald TX 78639 at an adjusted $370,672, is a strong comparable. The comp data here (5 sales in 78640) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus