701 Opal LN, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $181,527. To generate strong buyer interest while maximizing value, I'd price this between $84,000 and $94,000. With 6 comparable homes on the market in 78640, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1985 construction puts this home 10 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 4.6% in the past 6 months. 108 Hitching Post DR, Kyle TX 78640 nearby adjusts to $234,827; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group