607 Live Oak ST, Kyle TX 78640

The market data from 7 similar recent sales in W R SIMCOCK points to a value of approximately $234,551. To sell within a reasonable timeframe at fair market value, the $156,000 to $166,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in W R SIMCOCK. This home's smaller footprint (374 sqft vs the comp average) plays a role in how the market prices it. At 0.44 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in W R SIMCOCK, ranging from $170,000 to $268,000. In 78640, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 359 Spring Branch LOOP, Kyle TX 78640, adjusting to $231,967; a strong comparable. 7 comparable transactions in W R SIMCOCK 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