530 Emerald Fields LN, Kyle TX 78640

After reviewing 7 recent transactions in 78640, I estimate this property's value at $291,309. A competitive list price for this home right now would fall in the $323,000 to $335,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in 78640's current inventory. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 5 comparable homes in 78640; a buyer's market based on recent absorption. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 530 Whispering Hollow DR, Kyle TX 78640 carries an adjusted comparable value of $283,122, providing a strong data point. With 7 comparable sales in 78640, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group