196 Ruby Lake DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $264,909. For a well positioned listing in SOUTHLAKE RANCH, I'd target the $202,000 to $212,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SOUTHLAKE RANCH. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 3 similar homes currently listed in SOUTHLAKE RANCH (a buyer's market), competition is a factor to consider. Recent trends in 78640 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 1205 Twin Estates DR, Kyle TX 78640, with an adjusted value of $271,492; a strong comparable. The 4 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