248 Cherry Laurel LN, Kyle TX 78640

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $253,598. I'd recommend coming to market at $279,000 to $282,000 to strike the right balance between value and market velocity. In the current SOUTHGROVE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Buyers in SOUTHGROVE have 7 comparable options right now, with asking prices between $249,000 and $334,900. The trend in SOUTHGROVE shows prices have risen 1% in the past 6 months. 488 Globe Mallow CIR, Kyle TX 78640 nearby adjusts to $248,452; a strong comparable. Based on 7 relevant data points in SOUTHGROVE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX