1288 Glass RD, Kingsland TX 78639

After reviewing 7 recent transactions in ROYAL OAKS ESTATES, I estimate this property's value at $197,605. A competitive list price for this home right now would fall in the $82,000 to $92,000 range. Relative to what's currently available in ROYAL OAKS ESTATES, this home would be the 2nd most expensive of 4 comparable homes on the market. At 5 years older than typical comps, the 2001 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.73) contributes to the valuation. With 4 similar homes currently listed in ROYAL OAKS ESTATES (a buyer's market), competition is a factor to consider. Prices in 78639 have risen 97.7% over the last 6 months. A similar home at 738 Tank LN, Kingsland TX 78639 carries an adjusted comparable value of $75,740, providing a strong data point. With 7 comparable sales in ROYAL OAKS ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group