Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $766,377. I'd recommend coming to market at $315,000 to $325,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SUNRISE BEACH. The 0.50 acre lot (larger than the 0.25 acre average) is reflected in the estimate. With 5 similar homes currently listed in SUNRISE BEACH (a buyer's market), competition is a factor to consider. The trend in SUNRISE BEACH shows prices have fallen 53.1% in the past 6 months. 219 Lakeview, Sunrise Beach TX 78643 nearby adjusts to $1,485,055; with a smaller floor plan. Based on 7 relevant data points in SUNRISE BEACH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX