115 Pembroke CV, Kyle TX 78640

The market data from 7 similar recent sales in KENSINGTON points to a value of approximately $223,456. To sell within a reasonable timeframe at fair market value, the $217,000 to $230,000 range is where I'd position this. With 7 comparable homes on the market in KENSINGTON, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in KENSINGTON; a buyer's market based on recent absorption. In KENSINGTON, home values have fallen approximately 10.5% over the past 6 months. One of the strongest data points is 371 Bloomsbury DR, Kyle TX 78640, adjusting to $219,080; 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