308 Loon Lake DR, Kyle TX 78640

After reviewing 3 recent transactions in SOUTHLAKE RANCH PH TWO, I estimate this property's value at $350,831. A competitive list price for this home right now would fall in the $297,000 to $307,000 range. Relative to what's currently available in SOUTHLAKE RANCH PH TWO, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 317 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 2006 build date influences the valuation. 7 similar homes are currently available in SOUTHLAKE RANCH PH TWO, creating a buyer's market for this price range. Prices in 78640 have fallen 6.8% over the last 6 months. A similar home at 200 Lex Word, Kyle TX 78640 carries an adjusted comparable value of $335,234, providing a strong data point. The comp data here (3 sales in SOUTHLAKE RANCH PH TWO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus