616 S Beach, Sunrise Beach TX 78643

The estimated value of this property is $532,553, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $698,000 and $861,000. In the current GRANITE SHOALS LAKE ESTAT market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The larger floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 5 years newer than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in GRANITE SHOALS LAKE ESTAT, creating a buyer's market for this price range. Recent trends in 78643 show home values have fallen 66.6% since 6 months ago. The most comparable recent sale is 108 Deer DR, Sunrise Beach TX 78643, with an adjusted value of $97,999; with a smaller floor plan. Based on 7 relevant data points in GRANITE SHOALS LAKE ESTAT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX