377 Westminster DR, Kyle TX 78640

The market data from 7 similar recent sales in KENSINGTON points to a value of approximately $331,588. To sell within a reasonable timeframe at fair market value, the $345,000 to $351,000 range is where I'd position this. In the current KENSINGTON market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (413 sqft vs the comp average) plays a role in how the market prices it. The 2017 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 6 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 814 Covent DR, Kyle TX 78640, adjusting to $336,280; a strong comparable. The 7 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