460 Fairfield DR, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $273,939. Based on how the local market is moving, a list price between $314,000 and $318,000 would position this home well. This pricing would rank the home as the most affordable of 5 comparable homes on the market in TRAILS's current inventory. Being 134 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 5 comparable homes in TRAILS; a buyer's market based on recent absorption. The 6 month price trend in 78640: fallen 5%. The best comp here is 501 Thicket LN, Kyle TX 78640 at an adjusted value of $268,391, a strong comparable. With 7 comparable sales in TRAILS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group