776 Elkhorn DR, Kingsland TX 78639

The estimated value of this property is $558,040, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $237,000 and $247,000. Against 6 similar active listings in LAKESIDE HEIGHTS, this price point lands at the 2nd most expensive of 6 comparable homes on the market. At 172 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2020, this home is 20 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in LAKESIDE HEIGHTS; a buyer's market based on recent absorption. Recent trends in 78639 show home values have risen 97.7% since 6 months ago. The most comparable recent sale is 3502 Sagebrush TRL # 2, Kingsland TX 78639, with an adjusted value of $218,923; with a larger floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group