154 Mercedes LN, Kyle TX 78640

Based on 4 closed sales in GREAT HILLS, the data points to a value around $181,811 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $214,000 to $215,000. Buyers shopping in GREAT HILLS right now would see this as a well positioned option among 2 comparable homes. Being built in 2009 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.38 acres versus 0.24 for the typical comp. Buyers in GREAT HILLS have 2 comparable options right now, with asking prices between $215,000 and $299,900. Market data shows GREAT HILLS prices fallen 5.8% over the last half year. The closest comparable sale, 603 Stag Horn PASS, Kyle TX 78640 at an adjusted $135,447, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in GREAT HILLS. 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