605 Opal LN, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $383,412. Based on how the local market is moving, a list price between $272,000 and $282,000 would position this home well. This would position the home competitively among 7 active listings in 78640. At 9 years older than typical comps, the 2008 build date influences the valuation. The larger lot (3.50 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. The 6 month price trend in 78640: fallen 6.8%. The best comp here is 318 Leather Oak LOOP, San Marcos TX 78666 at an adjusted value of $324,624, 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