287 Cherry Laurel LN, Kyle TX 78640

7 recent sales within half a mile of this address suggest a current value of $235,613. My recommended list price range for this property would be $253,000 to $255,000. With 7 comparable homes on the market in SOUTHGROVE, this price positions the property as the most affordable of 7 comparable homes on the market. The smaller floor plan (207 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SOUTHGROVE (a balanced market), competition is a factor to consider. In SOUTHGROVE, home values have risen approximately 3.1% over the past 6 months. One of the strongest data points is 488 Globe Mallow CIR, Kyle TX 78640, adjusting to $234,704; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group