301 Lake Terrace, Sunrise Beach TX 78643

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $923,120. To generate strong buyer interest while maximizing value, I'd price this between $632,000 and $642,000. Against 6 similar active listings in SUNRISE BEACH, this price point lands at the 2nd least expensive of 6 comparable homes on the market. Being 493 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.13 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in SUNRISE BEACH; a buyer's market based on recent absorption. The trend in SUNRISE BEACH shows prices have risen 37.4% in the past 6 months. 111 Inspiration DR, Sunrise Beach TX 78643 nearby adjusts to $1,226,631; 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