317 Lago LN, Kingsland TX 78639

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,533,032. I'd recommend coming to market at $1,487,000 to $1,579,000 to strike the right balance between value and market velocity. In the current 78639 market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (1,446 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 3 of 7 comparable homes not offering one. The active market in 78639 includes 1 comparable homes priced from $2,800,000 to $2,800,000. The trend in 78639 shows prices have risen 103% in the past 6 months. 186 Sleepy Oaks DR, Kingsland TX 78639 nearby adjusts to $1,216,950; with a smaller floor plan. Based on 7 relevant data points in 78639, 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