135 Rachel LOOP, Burnet TX 78611

After reviewing 7 recent transactions in DELAWARE SPRINGS, I estimate this property's value at $492,312. A competitive list price for this home right now would fall in the $291,000 to $301,000 range. Relative to what's currently available in DELAWARE SPRINGS, this home would be the most expensive of 3 comparable homes on the market. The larger floor plan (184 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years newer than typical comps, the 2019 build date influences the valuation. Right now, 3 similar properties are competing for buyers in DELAWARE SPRINGS, listed between $250,000 and $575,000. Prices in 78611 have fallen 27.4% over the last 6 months. A similar home at 110 Wallace Riddell DR, Burnet TX 78611 carries an adjusted comparable value of $589,531, providing a strong data point. With 7 comparable sales in DELAWARE SPRINGS, 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