413 Nottingham LOOP, Kyle TX 78640

After reviewing 7 recent transactions in KENSINGTON, I estimate this property's value at $289,657. A competitive list price for this home right now would fall in the $241,000 to $251,000 range. Relative to what's currently available in KENSINGTON, this home would be the most expensive of 7 comparable homes on the market. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.19 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in KENSINGTON; a buyer's market based on recent absorption. Prices in KENSINGTON have fallen 6.2% over the last 6 months. A similar home at 446 Paddington DR, Kyle TX 78640 carries an adjusted comparable value of $271,356, providing a strong data point. With 7 comparable sales in KENSINGTON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group