219 Loon Lake DR, Kyle TX 78640

The estimated value of this property is $223,050, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $246,000 and $251,000. With 7 comparable homes on the market in SOUTHLAKE RANCH PH TWO, this price positions the property as the most affordable of 7 comparable homes on the market. Built in 2007, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. With 7 similar homes currently listed in SOUTHLAKE RANCH PH TWO (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 168 Lake Washington DR, Kyle TX 78640, with an adjusted value of $210,992; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group