3847 Hermosa DR, Kingsland TX 78639

Taking into account 7 nearby comparable sales, this property's estimated value comes to $171,092. If we were to list this property today, I'd recommend a list price in the $83,000 to $93,000 range. This would position the home competitively among 3 active listings in 78639. Being built in 1975 (34 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.34 for the typical comp. Current inventory shows 3 comparable homes in 78639; a buyer's market based on recent absorption. The 6 month price trend in 78639: risen 103%. The best comp here is 761 Horseshoe DR, Kingsland TX 78639 at an adjusted value of $146,244, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78639. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group