249 Quail Ridge DR, Kyle TX 78640

The estimated value of this property is $232,415, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $194,000 and $204,000. With 6 comparable homes on the market in QUAIL RIDGE, this price positions the property as the most expensive of 6 comparable homes on the market. The smaller floor plan (187 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2000, this home is 16 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in QUAIL RIDGE; a buyer's market based on recent absorption. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 144 Quail Ridge DR, Kyle TX 78640, with an adjusted value of $238,840; with a larger floor plan. Based on 7 relevant data points in QUAIL RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX