1052 Apache DR, Burnet TX 78611

The market data from 7 similar recent sales in SHERWOOD SHORES III points to a value of approximately $709,148. To sell within a reasonable timeframe at fair market value, the $688,000 to $730,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in SHERWOOD SHORES III. The smaller floor plan (1,288 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1986 construction puts this home 16 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in SHERWOOD SHORES III (a buyer's market), competition is a factor to consider. In 78611, home values have risen approximately 3.7% over the past 6 months. One of the strongest data points is 137 County Road 141, Burnet TX 78611, adjusting to $1,140,650; with a larger floor plan. 7 comparable transactions in SHERWOOD SHORES III support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group