1229 Sweet Gum, Kyle TX 78640

Based on 7 closed sales in 78640, the data points to a value around $306,869 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $327,000 to $331,000. This would position the home competitively among 5 active listings in 78640. This home's smaller footprint (165 sqft vs the comp average) plays a role in how the market prices it. There are currently 5 similar homes on the market in 78640, ranging from $286,000 to $359,000. Market data shows 78640 prices fallen 5.2% over the last half year. The closest comparable sale, 520 Bottle Brush DR, Kyle TX 78640 at an adjusted $318,108, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group