231 Lazy Oaks LN, Kingsland TX 78639

After reviewing 3 recent transactions in LAZY OAKS, I estimate this property's value at $406,706. A competitive list price for this home right now would fall in the $395,000 to $419,000 range. This pricing would rank the home as the most affordable of 2 comparable homes on the market in LAZY OAKS's current inventory. Being 228 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.45 acres versus the area average of 0.40) contributes to the valuation. Current inventory shows 2 comparable homes in LAZY OAKS; a buyer's market based on recent absorption. Prices in 78639 have risen 97.7% over the last 6 months. A similar home at 3600 Ranch Road 2545, Kingsland TX 78639 carries an adjusted comparable value of $168,196, providing a strong data point. With 3 comparable sales in LAZY OAKS, 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