3761 Cotton Gin RD, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $281,119. For a well positioned listing in SUMMER SUN, I'd target the $211,000 to $221,000 range. Against 7 similar active listings in SUMMER SUN, this price point lands at the most expensive of 7 comparable homes on the market. The 2003 construction puts this home 11 years older than the comp average, a factor in the pricing. At 1.04 acres, the lot is larger than the 0.64 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SUMMER SUN, ranging from $220,000 to $795,900. Recent trends in 78640 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 30 Summer Sun CV, Kyle TX 78640, with an adjusted value of $282,660; 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