254 Covent DR, Kyle TX 78640

Reviewing the most recent comparable transactions, this home's market value falls around $307,719. For a well positioned listing in KENSINGTON, I'd target the $264,000 to $274,000 range. With 7 comparable homes on the market in KENSINGTON, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in KENSINGTON; a buyer's market based on recent absorption. Recent trends in KENSINGTON show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 405 Buckingham DR, Kyle TX 78640, with an adjusted value of $309,109; 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