107 Kandi LN, Sunrise Beach TX 78643

The market data from 7 similar recent sales in 78643 points to a value of approximately $750,417. To sell within a reasonable timeframe at fair market value, the $372,000 to $382,000 range is where I'd position this. With 3 comparable homes on the market in 78643, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 2008 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.58 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78643, listed between $354,000 and $1,225,000. In 78643, home values have fallen approximately 81% over the past 6 months. One of the strongest data points is 107 Channel DR, Sunrise Beach TX 78643, adjusting to $526,666; a strong comparable. 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