1101 Cherrywood, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $290,573. Based on how the local market is moving, a list price between $245,000 and $255,000 would position this home well. This home's position in the current AMBERWOOD PHASE FOUR market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.31 acres versus the area average of 0.17) contributes to the valuation. 6 similar homes are currently available in AMBERWOOD PHASE FOUR, creating a buyer's market for this price range. The 6 month price trend in 78640: fallen 1%. The best comp here is 1553 Amberwood LOOP, Kyle TX 78640 at an adjusted value of $315,185, a strong comparable. With 7 comparable sales in AMBERWOOD PHASE FOUR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group