224 Morrell, Kyle TX 78640

Based on 7 closed sales in PLUM CREEK, the data points to a value around $277,465 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $235,000 to $245,000. Relative to what's currently available in PLUM CREEK, this home would be the most expensive of 4 comparable homes on the market. Being built in 2000 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.12 for the typical comp. Buyers in PLUM CREEK have 4 comparable options right now, with asking prices between $239,000 and $319,000. Market data shows PLUM CREEK prices fallen 4.4% over the last half year. The closest comparable sale, 5962 Steiner, Kyle TX 78640 at an adjusted $306,832, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PLUM CREEK. 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