112 Raindrop LN, Kingsland TX 78639

The market data from 7 similar recent sales in 78639 points to a value of approximately $923,263. To sell within a reasonable timeframe at fair market value, the $572,000 to $582,000 range is where I'd position this. With 3 comparable homes on the market in 78639, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.52 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78639, listed between $489,000 and $815,000. In 78639, home values have risen approximately 61.8% over the past 6 months. One of the strongest data points is 800 Scenic LOOP, Kingsland TX 78639, adjusting to $1,268,653; with a smaller 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