540 Thicket LN, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $223,978. To sell within a reasonable timeframe at fair market value, the $183,000 to $193,000 range is where I'd position this. In the current 78640 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 440 Zebra DR, Kyle TX 78640, adjusting to $221,860; a strong comparable. 7 comparable transactions in 78640 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group