221 Sunrise DR, Sunrise Beach TX 78643

The market data from 7 similar recent sales in SUNRISE BEACH points to a value of approximately $895,896. To sell within a reasonable timeframe at fair market value, the $361,000 to $371,000 range is where I'd position this. With 6 comparable homes on the market in SUNRISE BEACH, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The 1995 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. 6 similar homes are currently available in SUNRISE BEACH, creating a buyer's market for this price range. In SUNRISE BEACH, home values have fallen approximately 70.7% over the past 6 months. One of the strongest data points is 705 Sandy Mountain DR, Llano TX 78643, adjusting to $1,012,018; with a larger floor plan. 7 comparable transactions in SUNRISE BEACH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group