Reviewing the most recent comparable transactions, this home's market value falls around $1,118,488. For a well positioned listing in LS HARWELL SURV ABS #422, I'd target the $667,000 to $677,000 range. In the current LS HARWELL SURV ABS #422 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. 5 similar homes are currently available in LS HARWELL SURV ABS #422, creating a buyer's market for this price range. Recent trends in 78639 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 926 Scenic LOOP, Kingsland TX 78639, with an adjusted value of $1,547,927; with a larger floor plan. The 7 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