4500 Hwy 261, Buchanan Dam TX 78609

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $469,713. Pricing this home between $456,000 and $484,000 would put it in the competitive sweet spot for FLOYD ACRES. This home's position in the current FLOYD ACRES market: the most affordable of 2 comparable homes on the market among comparable properties. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. At 20 years older than typical comps, the 1970 build date influences the valuation. There are currently 2 similar homes on the market in FLOYD ACRES, ranging from $590,000 to $650,000. Market data shows 78609 prices risen 36.1% over the last half year. The closest comparable sale, 310 S Chaparral, Burnet TX 78611 at an adjusted $533,738, is with a smaller floor plan. With 3 comparable sales in FLOYD ACRES, 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