1278 Cherrywood, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $227,340. Based on how the local market is moving, a list price between $249,000 and $251,000 would position this home well. This home's position in the current 78640 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. The active market in 78640 includes 7 comparable homes priced from $215,000 to $289,999. The 6 month price trend in 78640: fallen 0.6%. The best comp here is 243 Marquitos DR, Kyle TX 78640 at an adjusted value of $213,144, 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