71 Cr 156 (south plum CRES, Uhland TX 78640

Based on 7 closed sales in 78640, the data points to a value around $194,445 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $189,000 to $200,000. This home's position in the current 78640 market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The smaller floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1940 (85 years older than comps) is factored into the value estimate. 6 similar homes are currently available in 78640, creating a buyer's market for this price range. Market data shows 78640 prices fallen 5.3% over the last half year. The closest comparable sale, 142 Meuse LN, Kyle TX 78640 at an adjusted $183,234, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group