700 Petras WAY, Kyle TX 78640

The estimated value of this property is $290,399, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $246,000 and $256,000. With 7 comparable homes on the market in KAI VISTA ESTATE, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 1999, this home is 11 years older than the average comp, which is reflected in the adjustments. The 3.13 acre lot (larger than the 1.13 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in KAI VISTA ESTATE; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 813 Petras WAY, Kyle TX 78640, with an adjusted value of $307,438; with a larger floor plan. Based on 7 relevant data points in KAI VISTA ESTATE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX