118 Lakeway DR, Kingsland TX 78639

Reviewing the most recent comparable transactions, this home's market value falls around $509,756. For a well positioned listing in TIMBER LAKE, I'd target the $424,000 to $434,000 range. In the current TIMBER LAKE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 746 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 9 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in TIMBER LAKE, ranging from $399,900 to $2,150,000. Recent trends in 78639 show home values have risen 81.9% since 6 months ago. The most comparable recent sale is 120 Highland LN, Kingsland TX 78639, with an adjusted value of $732,861; with a smaller floor plan. 7 comparable transactions in TIMBER LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group