12207 Rr 2341, Burnet TX 78611

After reviewing 7 recent transactions in SOUTH SILVER CREEK, I estimate this property's value at $373,982. A competitive list price for this home right now would fall in the $515,000 to $683,000 range. This would position the home competitively among 4 active listings in SOUTH SILVER CREEK. At 28 years older than typical comps, the 1960 build date influences the valuation. The smaller lot (0.26 acres versus the area average of 0.50) contributes to the valuation. Right now, 4 similar properties are competing for buyers in SOUTH SILVER CREEK, listed between $420,000 and $789,900. Prices in 78611 have fallen 27.4% over the last 6 months. A similar home at 409 Bizzy LN, Burnet TX 78611 carries an adjusted comparable value of $271,306, providing a strong data point. With 7 comparable sales in SOUTH SILVER CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group