501 New Bridge DR, Kyle TX 78640

The market data from 3 similar recent sales in WATERLEAF points to a value of approximately $229,390. To sell within a reasonable timeframe at fair market value, the $247,000 to $254,000 range is where I'd position this. In the current WATERLEAF market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 2013 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in WATERLEAF includes 6 comparable homes priced from $219,000 to $280,000. In WATERLEAF, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 235 Rummel DR, Kyle TX 78640, adjusting to $246,902; a strong comparable. 3 comparable transactions in WATERLEAF 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