My analysis of 7 comparable properties puts this home's estimated value at $1,451,228. Based on how the local market is moving, a list price between $973,000 and $983,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in KINGSLAND ESTATES's current inventory. At 283 sqft larger than the typical comp, the size difference factors into the valuation. At 34 years older than typical comps, the 1969 build date influences the valuation. Right now, 7 similar properties are competing for buyers in KINGSLAND ESTATES, listed between $899,990 and $1,975,000. The 6 month price trend in 78639: risen 111.1%. The best comp here is 4118 River Oaks DR, Kingsland TX 78639 at an adjusted value of $1,189,908, with a smaller floor plan. With 7 comparable sales in KINGSLAND 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