5203 County Road 309 RD, Kingsland TX 78639

The market data from 7 similar recent sales in LAKEWOOD FOREST I, II & III points to a value of approximately $1,051,731. To sell within a reasonable timeframe at fair market value, the $1,031,000 to $1,073,000 range is where I'd position this. With 6 comparable homes on the market in LAKEWOOD FOREST I, II & III, this price positions the property as the most expensive of 6 comparable homes on the market. The 1985 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. 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