120 RyLee RD, Burnet TX 78611

The market data from 6 similar recent sales in 78611 points to a value of approximately $278,944. To sell within a reasonable timeframe at fair market value, the $289,000 to $292,000 range is where I'd position this. With 3 comparable homes on the market in 78611, this price positions the property as the most affordable of 3 comparable homes on the market. At 113 sqft smaller than the typical comp, the size difference factors into the valuation. The 2018 construction puts this home 6 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in 78611, creating a buyer's market for this price range. In 78611, home values have risen approximately 0.6% over the past 6 months. One of the strongest data points is 117 Ellis CT, Burnet TX 78611, adjusting to $251,191; a strong comparable. The 6 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