1384 Cherrywood, Kyle TX 78640

The estimated value of this property is $326,931, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $335,000 and $351,000. Against 3 similar active listings in AMBERWOOD PH THREE, this price point lands at the most expensive of 3 comparable homes on the market. At 315 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in AMBERWOOD PH THREE; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 135 Amber Oak DR, Kyle TX 78640, with an adjusted value of $299,665; a strong comparable. Based on 3 relevant data points in AMBERWOOD PH THREE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX