133 Ruby Lake DR, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $226,389. To sell within a reasonable timeframe at fair market value, the $187,000 to $197,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78640. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 6 similar homes are currently available in 78640, creating a buyer's market for this price range. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 109 Onyx Lake DR, Kyle TX 78640, adjusting to $203,007; a strong comparable. The 7 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