1385 Sweet Gum, Kyle TX 78640

My analysis of 7 comparable properties puts this home's estimated value at $386,595. Based on how the local market is moving, a list price between $404,000 and $411,000 would position this home well. This would position the home competitively among 7 active listings in 78640. The larger floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years older than typical comps, the 2007 build date influences the valuation. Current inventory shows 7 comparable homes in 78640; a buyer's market based on recent absorption. The 6 month price trend in 78640: fallen 6.8%. The best comp here is 338 Witte, Kyle TX 78640 at an adjusted value of $385,562, 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