620 Cody LN, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $273,050. To generate strong buyer interest while maximizing value, I'd price this between $137,000 and $147,000. Against 4 similar active listings in 78640, this price point lands at the most expensive of 4 comparable homes on the market. The 2003 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.77 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 371 Bloomsbury DR, Kyle TX 78640 nearby adjusts to $249,366; 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