117 Ellis CT, Burnet TX 78611

Taking into account 6 nearby comparable sales, this property's estimated value comes to $303,716. If we were to list this property today, I'd recommend a list price in the $317,000 to $343,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in COTTAGES WESTFALL's current inventory. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.26 acres versus 0.20 for the typical comp. Current inventory shows 7 comparable homes in COTTAGES WESTFALL; a buyer's market based on recent absorption. The 6 month price trend in 78611: fallen 26.8%. The best comp here is 306 Gristmill RD, Burnet TX 78611 at an adjusted value of $306,328, a strong comparable. The strength of this estimate comes from 6 directly comparable sales in COTTAGES WESTFALL. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group