133 Emeralds DR, Burnet TX 78611

My analysis of 7 comparable properties puts this home's estimated value at $687,728. Based on how the local market is moving, a list price between $465,000 and $475,000 would position this home well. Relative to what's currently available in EMERALDS, this home would be the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (289 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.36 acres versus the area average of 0.71) contributes to the valuation. Current inventory shows 6 comparable homes in EMERALDS; a buyer's market based on recent absorption. The 6 month price trend in 78611: fallen 26.8%. The best comp here is 518 Morgan Creek DR, Burnet TX 78611 at an adjusted value of $1,037,872, with a larger floor plan. The comp data here (7 sales in EMERALDS) 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