506 Homestead RD, Kyle TX 78640

The estimated value of this property is $396,047, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $330,000 and $340,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in BLANCO RIVER CROSSING. Built in 1993, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.65 acre lot (larger than the 0.42 acre average) is reflected in the estimate. With 7 similar homes currently listed in BLANCO RIVER CROSSING (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 0.8% since 6 months ago. The most comparable recent sale is 212 Maple DR, Mountain City TX 78610, with an adjusted value of $470,968; a strong comparable. Based on 7 relevant data points in BLANCO RIVER CROSSING, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX