125 Colby Canyon DR, Burnet TX 78611

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $487,348. I'd recommend coming to market at $375,000 to $385,000 to strike the right balance between value and market velocity. In the current HILLS OF SHADY GROVE market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's larger footprint (225 sqft vs the comp average) plays a role in how the market prices it. The 0.55 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Buyers in HILLS OF SHADY GROVE have 2 comparable options right now, with asking prices between $345,000 and $525,000. The trend in 78611 shows prices have fallen 1.2% in the past 6 months. 101 Dawna Len DR, Burnet TX 78611 nearby adjusts to $585,103; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group