2001 Ridgemont LN, Kyle TX 78640

The market data from 7 similar recent sales in 78640 points to a value of approximately $320,821. To sell within a reasonable timeframe at fair market value, the $276,000 to $286,000 range is where I'd position this. Against 7 similar active listings in 78640, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2000 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.76 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Buyers in 78640 have 7 comparable options right now, with asking prices between $283,210 and $575,000. In 78640, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 144 Quail Ridge DR, Kyle TX 78640, adjusting to $301,681; a strong comparable. 7 comparable transactions in 78640 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