116 Thomas Ridge RD, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $389,940. For a well positioned listing in 78611, I'd target the $389,000 to $431,000 range. In the current 78611 market with 0 similar homes available, this price represents no active comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1984 construction puts this home 21 years older than the comp average, a factor in the pricing. Recent trends in 78611 show home values have risen 1.6% since 6 months ago. The most comparable recent sale is 106 Vandeventer DR, Burnet TX 78611, with an adjusted value of $431,491; a strong comparable. 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