601 Cody LN, Kyle TX 78640

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $268,706. Pricing this home between $144,000 and $154,000 would put it in the competitive sweet spot for 78640. Relative to what's currently available in 78640, this home would be the most expensive of 3 comparable homes on the market. At 12 years older than typical comps, the 1998 build date influences the valuation. The larger lot (0.78 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 3 comparable homes in 78640; a buyer's market based on recent absorption. Market data shows 78640 prices fallen 6.3% over the last half year. The closest comparable sale, 371 Bloomsbury DR, Kyle TX 78640 at an adjusted $252,501, is a strong comparable. 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