111 Pecan LN, Burnet TX 78611

The estimated value of this property is $552,854, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $174,000 and $184,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in DEER SPGS. At 347 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2001, this home is 9 years older than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in DEER SPGS, creating a buyer's market for this price range. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 103 County Road 139B, Burnet TX 78611, with an adjusted value of $481,780; with a smaller floor plan. 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