124 Westminster DR, Kyle TX 78640

The market data from 6 similar recent sales in KENSINGTON points to a value of approximately $227,864. To sell within a reasonable timeframe at fair market value, the $271,000 to $272,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in KENSINGTON. This home's smaller footprint (156 sqft vs the comp average) plays a role in how the market prices it. The 2016 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in KENSINGTON includes 7 comparable homes priced from $225,000 to $353,310. In KENSINGTON, home values have fallen approximately 7.9% over the past 6 months. One of the strongest data points is 349 Buckingham DR, Kyle TX 78640, adjusting to $230,294; a strong comparable. The 6 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