1000 S Lakeside DR, Burnet TX 78611

The market data from 3 similar recent sales in KINGS COVE points to a value of approximately $855,771. To sell within a reasonable timeframe at fair market value, the $162,000 to $172,000 range is where I'd position this. With 1 comparable homes on the market in KINGS COVE, this price positions the property as above the only comparable home currently on the market. The 133 sqft size difference versus comparable sales is reflected in the adjusted values. The 1983 construction puts this home 6 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in KINGS COVE, creating a buyer's market for this price range. In 78611, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 217 Trinidad ST, Buchanan Dam TX 78609, adjusting to $743,681; a strong comparable. The 3 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