251 Cherry Laurel LN, Kyle TX 78640

The market data from 7 similar recent sales in SOUTHGROVE points to a value of approximately $294,786. To sell within a reasonable timeframe at fair market value, the $286,000 to $304,000 range is where I'd position this. Among the similar homes currently available in SOUTHGROVE, this price point stands out as competitive. The 2020 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SOUTHGROVE, listed between $328,460 and $368,110. In SOUTHGROVE, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 353 Cherry Laurel LN, Kyle TX 78640, adjusting to $297,984; with a smaller floor plan. 7 comparable transactions in SOUTHGROVE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group