280 Nottingham LOOP, Kyle TX 78640

The market data from 5 similar recent sales in KENSINGTON points to a value of approximately $289,844. To sell within a reasonable timeframe at fair market value, the $247,000 to $257,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in KENSINGTON. At 0.13 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in KENSINGTON, listed between $235,000 and $475,000. In KENSINGTON, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 401 Nottingham LOOP, Kyle TX 78640, adjusting to $295,598; with a smaller floor plan. The 5 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