520 Summit DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $231,209. For a well positioned listing in GREEN PASTURES, I'd target the $168,000 to $178,000 range. In the current GREEN PASTURES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 319 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.88 acres, the lot is smaller than the 1.76 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GREEN PASTURES; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 408 Greenfield RD, Kyle TX 78640, with an adjusted value of $154,309; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group