1601 Cotton Gin RD, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $363,488. To generate strong buyer interest while maximizing value, I'd price this between $306,000 and $316,000. Against 4 similar active listings in 78640, this price point lands at the most expensive of 4 comparable homes on the market. The 242 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 32 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in 78640, creating a buyer's market for this price range. The trend in 78640 shows prices have fallen 6.8% in the past 6 months. 2020 Ridgemont LN, Kyle TX 78640 nearby adjusts to $445,656; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group