After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $259,477. Pricing this home between $262,000 and $265,000 would put it in the competitive sweet spot for KENSINGTON. Relative to what's currently available in KENSINGTON, this home would be the 0th most expensive of 4 comparable homes on the market. 4 similar homes are currently available in KENSINGTON, creating a buyer's market for this price range. Market data shows KENSINGTON prices fallen 3.6% over the last half year. The closest comparable sale, 260 Nottingham LOOP, Kyle TX 78640 at an adjusted $261,687, is with a larger floor plan. 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
