116 Jade Lake CV, Kyle TX 78640

The estimated value of this property is $250,323, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $271,000 and $285,000. In the current SOUTHLAKE RANCH PH THREE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.24 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SOUTHLAKE RANCH PH THREE; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 596 Goldenrod ST, Kyle TX 78640, with an adjusted value of $234,978; with a smaller floor plan. Based on 6 relevant data points in SOUTHLAKE RANCH PH THREE, 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