117 Trafalgar CV, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $273,304. For a well positioned listing in KENSINGTON, I'd target the $225,000 to $235,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in KENSINGTON. The 2016 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in KENSINGTON; a balanced market based on recent absorption. Recent trends in KENSINGTON show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 351 Covent DR, Kyle TX 78640, with an adjusted value of $262,843; 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