1130 Cherrywood, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $289,737. For a well positioned listing in AMBERWOOD PH FOUR, I'd target the $284,000 to $296,000 range. In the current AMBERWOOD PH FOUR market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in AMBERWOOD PH FOUR; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 265 Poplarwood DR, Kyle TX 78640, with an adjusted value of $288,540; with a smaller 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