131 Shady Grove RD, Burnet TX 78611

After reviewing 7 recent transactions in 78611, I estimate this property's value at $369,346. A competitive list price for this home right now would fall in the $296,000 to $306,000 range. This would position the home competitively among 7 active listings in 78611. At 37 years older than typical comps, the 1970 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.27) contributes to the valuation. 7 similar homes are currently available in 78611, creating a buyer's market for this price range. Prices in 78611 have fallen 27.6% over the last 6 months. A similar home at 301 Gristmill RD, Burnet TX 78611 carries an adjusted comparable value of $303,401, providing a strong data point. The comp data here (7 sales in 78611) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus