1404 CR 128, Burnet TX 78611

The market data from 7 similar recent sales in SILVER CREEK points to a value of approximately $331,334. To sell within a reasonable timeframe at fair market value, the $181,000 to $191,000 range is where I'd position this. Among the similar homes currently available in SILVER CREEK, this price point stands out as competitive. At 779 sqft smaller than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 31 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in SILVER CREEK; a buyer's market based on recent absorption. In 78611, home values have fallen approximately 26.4% over the past 6 months. One of the strongest data points is 1710 County Road 128, Burnet TX 78611, adjusting to $438,330; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group