1220 Cotton Gin RD, Kyle TX 78640

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $277,448. Pricing this home between $181,000 and $191,000 would put it in the competitive sweet spot for 78640. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78640's current inventory. At 17 years older than typical comps, the 2000 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.52) contributes to the valuation. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 111 Dustins DR, Kyle TX 78640 at an adjusted $286,145, is a strong comparable. With 7 comparable sales in 78640, 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