405 River Lake DR, Kingsland TX 78639

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $493,754. To generate strong buyer interest while maximizing value, I'd price this between $1,207,000 and $1,566,000. With 4 comparable homes on the market in 78639, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. Being 724 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1968 construction puts this home 37 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in 78639, creating a buyer's market for this price range. The trend in 78639 shows prices have risen 113.3% in the past 6 months. 120 Highland LN, Kingsland TX 78639 nearby adjusts to $700,440; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group