240 Quail Ridge DR, Kyle TX 78640

The market data from 7 similar recent sales in QUAIL RIDGE points to a value of approximately $187,874. To sell within a reasonable timeframe at fair market value, the $184,000 to $192,000 range is where I'd position this. Against 2 similar active listings in QUAIL RIDGE, this price point lands at the most affordable of 2 comparable homes on the market. The 1995 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.46 acres, the lot is smaller than the 0.60 acre comp average, which factors into pricing. 2 similar homes are currently available in QUAIL RIDGE, creating a buyer's market for this price range. In 78640, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 580 Railyard DR, Kyle TX 78640, adjusting to $203,687; with a larger floor plan. 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