While trying to run Windows Phone emulator I was facing given error.
The Windows Phone Emulator wasn’t able to create the virtual machine: Something happened while creating a switch: Xde couldn’t find an IPv4 address for the host machine.
Simple Resolution to this problem is:
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Run Hyper-V Manager as Admin
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Go to Action > Virtual Switch Manager.
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Click on “New Network Switch’
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Select Internal and Create Virtual Switch
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Give Name of Virtual Switch as “Windows Phone Emulator Internal Switch”
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Click “OK” and restart your machine.
After following these steps you should be able to run Windows Phone 8 Emulator without any issue.
In case it solves/ doesn’t solve your problem mention that in comments.