528 Ferrule, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $222,768. I'd recommend coming to market at $247,000 to $249,000 to strike the right balance between value and market velocity. In the current CREEKSIDE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.10 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CREEKSIDE, ranging from $215,000 to $270,000. The trend in CREEKSIDE shows prices have fallen 21.3% in the past 6 months. 168 Voyager CV, Kyle TX 78640 nearby adjusts to $231,072; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group