233 Rock BLF, Kingsland TX 78639

The estimated value of this property is $454,500, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $199,000 and $209,000. Against 3 similar active listings in GRANITE SHOALS #1, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (520 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.21 acre lot (smaller than the 2.86 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in GRANITE SHOALS #1; a buyer's market based on recent absorption. Recent trends in 78639 show home values have risen 90% since 6 months ago. The most comparable recent sale is 145 Rock BLF, Kingsland TX 78639, with an adjusted value of $131,920; with a larger floor plan. Based on 7 relevant data points in GRANITE SHOALS #1, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX