701 S Sledge ST, Kyle TX 78640

The market data from 3 similar recent sales in OLD TOWN KYLE points to a value of approximately $154,364. To sell within a reasonable timeframe at fair market value, the $254,000 to $258,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in OLD TOWN KYLE. This home's smaller footprint (156 sqft vs the comp average) plays a role in how the market prices it. The 1946 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in OLD TOWN KYLE have 6 comparable options right now, with asking prices between $200,000 and $310,000. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 511 S Meyer ST, Kyle TX 78640, adjusting to $135,970; 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