1947 Mc Arthur Ave, Kingsland TX 78639

After reviewing 7 recent transactions in NOB HILL, I estimate this property's value at $297,465. A competitive list price for this home right now would fall in the $234,000 to $244,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in NOB HILL's current inventory. The smaller floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.12 acres versus the area average of 0.46) contributes to the valuation. Right now, 3 similar properties are competing for buyers in NOB HILL, listed between $220,000 and $325,000. Prices in 78639 have risen 115% over the last 6 months. A similar home at 1825 Sleepy Hollow RD, Kingsland TX 78639 carries an adjusted comparable value of $314,698, providing a strong data point. With 7 comparable sales in NOB HILL, 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