980 Palomino RD, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $255,153. I'd recommend coming to market at $286,000 to $287,000 to strike the right balance between value and market velocity. In the current GOFORTH market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1984, this home is 33 years older than the average comp, which is reflected in the adjustments. The 0.28 acre lot (smaller than the 0.47 acre average) is reflected in the estimate. With 7 similar homes currently listed in GOFORTH (a buyer's market), competition is a factor to consider. The trend in 78640 shows prices have fallen 5.7% in the past 6 months. 163 Gazania RD, Kyle TX 78640 nearby adjusts to $272,425; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group