523 Lilac WAY, Kyle TX 78640

The market data from 7 similar recent sales in GREEN PASTURES points to a value of approximately $350,319. To sell within a reasonable timeframe at fair market value, the $247,000 to $257,000 range is where I'd position this. In the current GREEN PASTURES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.90 acres, the lot is smaller than the 1.40 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in GREEN PASTURES; a buyer's market based on recent absorption. In 78640, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 3126 Goforth RD, Kyle TX 78640, adjusting to $174,353; a strong comparable. 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