222 Paddington DR, Kyle TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $373,276. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $430,000. In the current KENSINGTON market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 767 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. Current inventory shows 3 comparable homes in KENSINGTON; a buyer's market based on recent absorption. The trend in KENSINGTON shows prices have fallen 3.6% in the past 6 months. 814 Covent DR, Kyle TX 78640 nearby adjusts to $386,722; with a smaller floor plan and no pool. 4 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