399 Covent DR, Kyle TX 78640

The market data from 7 similar recent sales in KENSINGTON points to a value of approximately $311,509. To sell within a reasonable timeframe at fair market value, the $267,000 to $277,000 range is where I'd position this. In the current KENSINGTON market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. Being 122 sqft larger than the average comparable sale in this area impacts the per square foot value. With 5 similar homes currently listed in KENSINGTON (a buyer's market), competition is a factor to consider. In KENSINGTON, home values have fallen approximately 7.9% over the past 6 months. One of the strongest data points is 117 Waterloo DR, Kyle TX 78640, adjusting to $342,930; 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