533 Circle DR, Sunrise Beach TX 78643

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $838,374. I'd recommend coming to market at $381,000 to $391,000 to strike the right balance between value and market velocity. Against 3 similar active listings in GRANITE SHOALS LAKE ESTAT, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Built in 2007, this home is 23 years newer than the average comp, which is reflected in the adjustments. The 0.16 acre lot (smaller than the 0.33 acre average) is reflected in the estimate. With 3 similar homes currently listed in GRANITE SHOALS LAKE ESTAT (a buyer's market), competition is a factor to consider. The trend in 78643 shows prices have fallen 60.1% in the past 6 months. 204 Canyon Oaks, Sunrise Beach TX 78643 nearby adjusts to $891,733; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group