216 EVERGREEN SUMAC LOOP, Kyle TX 78640

The market data from 7 similar recent sales in SOUTHGROVE points to a value of approximately $321,074. To sell within a reasonable timeframe at fair market value, the $348,000 to $349,000 range is where I'd position this. Among the similar homes currently available in SOUTHGROVE, this price point stands out as competitive. At 0.14 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SOUTHGROVE; a buyer's market based on recent absorption. In SOUTHGROVE, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 624 GLOBE MALLOW CIR, Kyle TX 78640, adjusting to $313,404; 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