111 Inspiration DR, Sunrise Beach TX 78643

The estimated value of this property is $924,333, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $398,000 and $408,000. With 7 comparable homes on the market in SUNRISE BEACH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (138 sqft vs the comp average) plays a role in how the market prices it. Built in 2000, this home is 20 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SUNRISE BEACH; a buyer's market based on recent absorption. Recent trends in SUNRISE BEACH show home values have fallen 74% since 6 months ago. The most comparable recent sale is 132 Glen Oaks DR, Sunrise Beach TX 78643, with an adjusted value of $777,567; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group