331 Beach DR, Sunrise Beach TX 78643

After reviewing 7 recent transactions in 78643, I estimate this property's value at $3,121,385. A competitive list price for this home right now would fall in the $2,122,000 to $2,132,000 range. Relative to what's currently available in 78643, this home would be the 2nd most expensive of 7 comparable homes on the market. At 234 sqft smaller than the typical comp, the size difference factors into the valuation. At 7 years older than typical comps, the 2007 build date influences the valuation. There are currently 7 similar homes on the market in 78643, ranging from $2,250,000 to $3,595,000. Prices in 78643 have fallen 66.6% over the last 6 months. A similar home at 404 Matern CT, Horseshoe Bay TX 78657 carries an adjusted comparable value of $3,168,625, 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