357 Spillway DR, Kyle TX 78640

The market data from 4 similar recent sales in SOUTHLAKE RANCH PH ONE points to a value of approximately $240,094. To sell within a reasonable timeframe at fair market value, the $248,000 to $249,000 range is where I'd position this. In the current SOUTHLAKE RANCH PH ONE market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. The active market in SOUTHLAKE RANCH PH ONE includes 6 comparable homes priced from $216,000 to $259,900. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 125 Sapphire Lake DR, Kyle TX 78640, adjusting to $248,096; a strong comparable. 4 comparable transactions in SOUTHLAKE RANCH PH ONE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group