124 Kemah DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $319,695. For a well positioned listing in KENSINGTON, I'd target the $256,000 to $266,000 range. With 7 comparable homes on the market in KENSINGTON, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2016 construction puts this home 7 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in KENSINGTON, creating a buyer's market for this price range. Recent trends in KENSINGTON show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 117 Waterloo DR, Kyle TX 78640, with an adjusted value of $342,988; with a larger floor plan. 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