111 Cottonwood DR, Sunrise Beach TX 78643

After reviewing 3 recent transactions in GRANITE SHOALS LAKE ESTAT, I estimate this property's value at $691,452. A competitive list price for this home right now would fall in the $419,000 to $429,000 range. This home's position in the current GRANITE SHOALS LAKE ESTAT market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. At 143 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.43) contributes to the valuation. Right now, 5 similar properties are competing for buyers in GRANITE SHOALS LAKE ESTAT, listed between $379,000 and $1,699,000. Prices in 78643 have fallen 61.5% over the last 6 months. A similar home at 108 Deer DR, Sunrise Beach TX 78643 carries an adjusted comparable value of $62,480, providing a strong data point. The comp data here (3 sales in GRANITE SHOALS LAKE ESTAT) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus