1106 Shorewood DR N, Granite Shoals TX 78654

Based on 4 closed sales in SHERWOOD SHORES, the data points to a value around $864,949 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $755,000 to $765,000. This home's position in the current SHERWOOD SHORES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. This home's larger footprint (294 sqft vs the comp average) plays a role in how the market prices it. Being built in 1980 (9 years newer than comps) is factored into the value estimate. Buyers in SHERWOOD SHORES have 3 comparable options right now, with asking prices between $680,000 and $2,250,000. Market data shows 78654 prices fallen 22.2% over the last half year. The closest comparable sale, 1013 Highland DR, Highland Haven TX 78654 at an adjusted $313,331, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in SHERWOOD SHORES. 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