1049 Sweet Gum, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $322,674. For a well positioned listing in 78640, I'd target the $326,000 to $327,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78640. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78640, listed between $249,999 and $359,900. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 1418 Beechwood DR, Kyle TX 78640, with an adjusted value of $310,444; a strong comparable. 7 comparable transactions in 78640 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group