1197 Beechwood DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $275,038. For a well positioned listing in HOMETOWN KYLE, I'd target the $276,000 to $277,000 range. In the current HOMETOWN KYLE market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's smaller footprint (265 sqft vs the comp average) plays a role in how the market prices it. At 0.15 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in HOMETOWN KYLE; a buyer's market based on recent absorption. Recent trends in HOMETOWN KYLE show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 1270 Sweet Gum, Kyle TX 78640, with an adjusted value of $299,921; with a larger 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