325 Spillway DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $279,650. For a well positioned listing in SOUTHLAKE RANCH PH ONE, I'd target the $286,000 to $288,000 range. With 7 comparable homes on the market in SOUTHLAKE RANCH PH ONE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTHLAKE RANCH PH ONE (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 741 Brandi CIR, Kyle TX 78640, with an adjusted value of $242,365; a strong comparable. The 6 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