1137 Cherrywood, Kyle TX 78640

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $245,021. I'd recommend coming to market at $246,000 to $249,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in AMBERWOOD, this price positions the property as the most expensive of 5 comparable homes on the market. At 123 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.18 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in AMBERWOOD; based on recent absorption. The trend in AMBERWOOD shows prices have risen 13.1% in the past 6 months. 232 Poplarwood DR, Kyle TX 78640 nearby adjusts to $248,703; 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