458 Lippe LN, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $298,512. To generate strong buyer interest while maximizing value, I'd price this between $258,000 and $261,000. Among the similar homes currently available in 78640, this price point stands out as competitive. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.00 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. 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. 1092 Engelke RD, Niederwald TX 78640 nearby adjusts to $325,435; a strong comparable. 3 comparable transactions in 78640 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group