7 recent sales in the surrounding area of this address suggest a current value of $342,882. My recommended list price range for this property would be $333,000 to $353,000. With 1 comparable homes on the market in DONALL ESTATES, this price positions the property as below the only comparable home currently on the market. Being 151 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2002, this home is 24 years newer than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in DONALL ESTATES (a buyer's market), competition is a factor to consider. In 78611, home values have fallen approximately 21.5% over the past 6 months. One of the strongest data points is 1854 County Road 140 DR, Burnet TX 78611, adjusting to $528,052; with a larger floor plan. Based on 7 relevant data points in DONALL ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX