117 Gunnison WAY, Kyle TX 78640

The market data from 7 similar recent sales in CYPRESS FOREST PH ONE points to a value of approximately $320,443. To sell within a reasonable timeframe at fair market value, the $336,000 to $341,000 range is where I'd position this. In the current CYPRESS FOREST PH ONE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.17 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CYPRESS FOREST PH ONE; a buyer's market based on recent absorption. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 147 Muddy Creek WAY, Kyle TX 78640, adjusting to $335,909; a strong comparable. 7 comparable transactions in CYPRESS FOREST PH ONE 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