798 Lippe LN, Kyle TX 78640

The estimated value of this property is $332,553, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $258,000 and $268,000. With 7 comparable homes on the market in 78640, this price positions the property as the most expensive of 7 comparable homes on the market. At 128 sqft larger than the typical comp, the size difference factors into the valuation. The 1.00 acre lot (larger than the 0.83 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 371 Lippe LN, Niederwald TX 78640, with an adjusted value of $339,465; with a smaller floor plan. Based on 4 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