172 Kemah DR, Kyle TX 78640

The estimated value of this property is $319,619, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $337,000 and $340,000. With 4 comparable homes on the market in KENSINGTON, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 104 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2015, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in KENSINGTON; a buyer's market based on recent absorption. Recent trends in KENSINGTON show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 117 Kemah DR, Kyle TX 78640, with an adjusted value of $292,253; a strong comparable. Based on 6 relevant data points in KENSINGTON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX