148 Mood Lake DR, Kyle TX 78640

The market data from 7 similar recent sales in SOUTHLAKE RANCH points to a value of approximately $272,788. To sell within a reasonable timeframe at fair market value, the $291,000 to $294,000 range is where I'd position this. In the current SOUTHLAKE RANCH market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (126 sqft vs the comp average) plays a role in how the market prices it. 5 similar homes are currently available in SOUTHLAKE RANCH, creating a buyer's market for this price range. In 78640, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 220 Beau LN, Kyle TX 78640, adjusting to $313,785; 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