240 Nottingham LOOP, Kyle TX 78640

The market data from 7 similar recent sales in KENSINGTON points to a value of approximately $271,486. To sell within a reasonable timeframe at fair market value, the $268,000 to $284,000 range is where I'd position this. With 7 comparable homes on the market in KENSINGTON, this price positions the property as the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in KENSINGTON; a buyer's market based on recent absorption. In KENSINGTON, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 360 Waterloo DR, Kyle TX 78640, adjusting to $284,259; a strong comparable. 7 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