646 Covent DR, Kyle TX 78640

Based on 7 closed sales in KENSINGTON, the data points to a value around $237,531 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $244,000 to $249,000. This home's position in the current KENSINGTON market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The 105 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2007 (5 years older than comps) is factored into the value estimate. 7 similar homes are currently available in KENSINGTON, creating a buyer's market for this price range. Market data shows KENSINGTON prices fallen 6.2% over the last half year. The closest comparable sale, 349 Buckingham DR, Kyle TX 78640 at an adjusted $239,844, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in KENSINGTON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group