122 Picadilly DR, Kyle TX 78640

The market data from 5 similar recent sales in KENSINGTON points to a value of approximately $315,076. To sell within a reasonable timeframe at fair market value, the $319,000 to $328,000 range is where I'd position this. With 5 comparable homes on the market in KENSINGTON, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 185 sqft larger than the typical comp, the size difference factors into the valuation. The active market in KENSINGTON includes 5 comparable homes priced from $235,000 to $369,500. In KENSINGTON, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 814 Covent DR, Kyle TX 78640, adjusting to $316,288; a strong comparable. 5 comparable transactions in KENSINGTON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group