120 Rankin LN, Kingsland TX 78639

Based on 7 closed sales in RIVERSIDE, the data points to a value around $428,772 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $662,000 to $734,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in RIVERSIDE's current inventory. Being 534 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1962 (38 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in RIVERSIDE (a buyer's market), competition is a factor to consider. Market data shows RIVERSIDE prices fallen 0.3% over the last half year. The closest comparable sale, 120 Highland LN, Kingsland TX 78639 at an adjusted $662,194, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVERSIDE. 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