1132 Ranch Road 2233, Sunrise Beach TX 78643

The market data from 7 similar recent sales in 78643 points to a value of approximately $604,139. To sell within a reasonable timeframe at fair market value, the $761,000 to $770,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 78643. At 5.50 acres, the lot is larger than the 1.20 acre comp average, which factors into pricing. In 78643, home values have fallen approximately 61.5% over the past 6 months. One of the strongest data points is 713 Lagoon LOOP, Horseshoe Bay TX 78657, adjusting to $465,112; 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