1150 County Road 118b, Burnet TX 78611

My analysis of 7 comparable properties puts this home's estimated value at $445,179. Based on how the local market is moving, a list price between $432,000 and $459,000 would position this home well. Relative to what's currently available in SHERWOOD SHORES III, this home would be below the only comparable home currently on the market. At 321 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.35 acres versus the area average of 1.16) contributes to the valuation. 1 similar homes are currently available in SHERWOOD SHORES III, creating a buyer's market for this price range. The 6 month price trend in 78611: fallen 27.2%. The best comp here is 1200 Apache DR, Burnet TX 78611 at an adjusted value of $210,871, with a smaller floor plan. The comp data here (7 sales in SHERWOOD SHORES III) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus