1266 Cherrywood, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $274,940. For a well positioned listing in 78640, I'd target the $285,000 to $292,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78640. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. 7 similar homes are currently available in 78640, creating a buyer's market for this price range. Recent trends in 78640 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 292 Dandelion LOOP, Kyle TX 78640, with an adjusted value of $234,659; a strong comparable. 6 comparable transactions in 78640 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