702 Live Oak ST, Kyle TX 78640

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $172,803. I'd recommend coming to market at $220,000 to $253,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in 78640. This home's smaller footprint (171 sqft vs the comp average) plays a role in how the market prices it. Built in 1986, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in 78640; a buyer's market based on recent absorption. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 108 Hitching Post DR, Kyle TX 78640 nearby adjusts to $218,917; a strong comparable. Based on 7 relevant data points in 78640, 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