After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $606,612. Pricing this home between $594,000 and $619,000 would put it in the competitive sweet spot for EDGEWATER BEACH. This would position the home competitively among 3 active listings in EDGEWATER BEACH. At 216 sqft smaller than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 1983 build date influences the valuation. Right now, 3 similar properties are competing for buyers in EDGEWATER BEACH, listed between $285,000 and $849,000. Market data shows 78669 prices risen 4.7% over the last half year. The closest comparable sale, 20926 W Lakeshore DR, Spicewood TX 78669 at an adjusted $569,722, is a strong comparable. With 7 comparable sales in EDGEWATER BEACH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group