112 Westminster DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $285,855. For a well positioned listing in KENSINGTON, I'd target the $223,000 to $233,000 range. Among the similar homes currently available in KENSINGTON, this price point stands out as competitive. The 2016 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in KENSINGTON; a buyer's market based on recent absorption. Recent trends in KENSINGTON show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 873 Covent DR, Kyle TX 78640, with an adjusted value of $280,562; a strong comparable. 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