270 Alma LN, Niederwald TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $283,519. For a well positioned listing in PRAIRIE MEADOWS, I'd target the $214,000 to $224,000 range. Against 2 similar active listings in PRAIRIE MEADOWS, this price point lands at the most expensive of 2 comparable homes on the market. The 2019 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.75 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 2 similar homes currently listed in PRAIRIE MEADOWS (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 450 Mountain Pea RD, Kyle TX 78640, with an adjusted value of $286,956; with a larger floor plan. The 7 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