104 County Road 138, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $396,424. For a well positioned listing in BONANZA BEACH, I'd target the $309,000 to $319,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in BONANZA BEACH. The 2000 construction puts this home 22 years newer than the comp average, a factor in the pricing. At 0.38 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. 3 similar homes are currently available in BONANZA BEACH, creating a buyer's market for this price range. Recent trends in 78611 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 811 County Road 130, Burnet TX 78611, with an adjusted value of $343,612; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group