1110 Palm ST, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $304,998. To generate strong buyer interest while maximizing value, I'd price this between $296,000 and $314,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in COUNCIL CREEK. The smaller floor plan (237 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1960 construction puts this home 17 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in COUNCIL CREEK, creating a buyer's market for this price range. The trend in COUNCIL CREEK shows prices have fallen 5.2% in the past 6 months. 701 County Road 130, Burnet TX 78611 nearby adjusts to $301,475; with a smaller 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