1100 CR 116, Burnet TX 78611

The estimated value of this property is $426,930, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $318,000 and $328,000. Against 6 similar active listings in ALEXANDER HAMILTON SURV #9 ABS, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The 6.94 acre lot (larger than the 1.19 acre average) is reflected in the estimate. With 6 similar homes currently listed in ALEXANDER HAMILTON SURV #9 ABS (a buyer's market), competition is a factor to consider. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 217 Fox XING, Burnet TX 78611, with an adjusted value of $380,098; 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