530 Tower DR, Kyle TX 78640

Based on 7 closed sales in WATERLEAF, the data points to a value around $239,424 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $177,000 to $187,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in WATERLEAF's current inventory. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2003 (5 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in WATERLEAF (a buyer's market), competition is a factor to consider. Market data shows WATERLEAF prices fallen 1.4% over the last half year. The closest comparable sale, 741 Abundance LN, Kyle TX 78640 at an adjusted $202,028, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in WATERLEAF. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group