148 Mood Lake, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $233,995. For a well positioned listing in SOUTHLAKE RANCH, I'd target the $278,000 to $283,000 range. In the current SOUTHLAKE RANCH market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SOUTHLAKE RANCH, ranging from $255,000 to $299,000. Recent trends in 78640 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 160 Orion CV, Kyle TX 78640, with an adjusted value of $227,741; with a smaller floor plan. 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