3218 Cotton Gin, Uhland TX 78640

The estimated value of this property is $195,500, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $192,000 and $199,000. Against 3 similar active listings in 78640, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (194 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.50 acre lot (larger than the 0.38 acre average) is reflected in the estimate. Buyers in 78640 have 3 comparable options right now, with asking prices between $194,500 and $214,750. Recent trends in 78640 show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 393 Duchess PASS, Kyle TX 78640, with an adjusted value of $211,569; a strong comparable. Based on 4 relevant data points in 78640, 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