262 E Lakeshore DR, Sunrise Beach TX 78643

Reviewing the most recent comparable transactions, this home's market value falls around $492,410. For a well positioned listing in SUNRISE BEACH, I'd target the $314,000 to $324,000 range. Among the similar homes currently available in SUNRISE BEACH, this price point stands out as competitive. The 1965 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.62 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SUNRISE BEACH; a buyer's market based on recent absorption. Recent trends in SUNRISE BEACH show home values have risen 37.4% since 6 months ago. The most comparable recent sale is 111 W Lakeshore DR, Sunrise Beach Village TX 78643, with an adjusted value of $346,775; with a smaller floor plan. 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