1047 Ridgemont LN, Kyle TX 78640

The market data from 7 similar recent sales in HIGH MEADOWS points to a value of approximately $286,429. To sell within a reasonable timeframe at fair market value, the $237,000 to $247,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in HIGH MEADOWS. At 106 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.76 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in HIGH MEADOWS, ranging from $235,000 to $318,000. In HIGH MEADOWS, home values have fallen approximately 9.1% over the past 6 months. One of the strongest data points is 1045 Grassland LN, Kyle TX 78640, adjusting to $303,432; with a larger floor plan. 7 comparable transactions in HIGH MEADOWS 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