331 Beach DR, Sunrise Beach TX 78643

After reviewing 7 recent transactions in 78643, I estimate this property's value at $2,970,981. A competitive list price for this home right now would fall in the $1,954,000 to $1,964,000 range. Relative to what's currently available in 78643, this home would be the 2nd most expensive of 5 comparable homes on the market. At 207 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.24 acres versus the area average of 0.54) contributes to the valuation. There are currently 5 similar homes on the market in 78643, ranging from $1,849,000 to $4,300,000. Prices in 78643 have risen 32.1% over the last 6 months. A similar home at 103 Sandy Mountain DR, Sunrise Beach TX 78643 carries an adjusted comparable value of $1,890,573, providing a strong data point. With 7 comparable sales in 78643, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group