505 Shadow Creek BLVD, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $314,272. To sell within a reasonable timeframe at fair market value, the $322,000 to $328,000 range is where I'd position this. Against 7 similar active listings in 78640, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.18 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. In 78640, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 571 Reliance DR, Buda TX 78610, adjusting to $335,320; a strong comparable. 7 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