120 Rankin LN, Kingsland TX 78639

Reviewing the most recent comparable transactions, this home's market value falls around $963,505. For a well positioned listing in RIVERSIDE, I'd target the $311,000 to $321,000 range. In the current RIVERSIDE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. The 1962 construction puts this home 28 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in RIVERSIDE, listed between $325,000 and $2,000,000. Recent trends in RIVERSIDE show home values have fallen 7.7% since 6 months ago. The most comparable recent sale is 4118 River Oaks DR, Kingsland TX 78639, with an adjusted value of $890,751; a strong comparable. 7 comparable transactions in RIVERSIDE 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