1410 CR 133, Burnet TX 78611

After reviewing 7 recent transactions in MORGAN CREEK, I estimate this property's value at $512,790. A competitive list price for this home right now would fall in the $352,000 to $362,000 range. This home's position in the current MORGAN CREEK market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 358 sqft larger than the typical comp, the size difference factors into the valuation. At 21 years newer than typical comps, the 2003 build date influences the valuation. Right now, 4 similar properties are competing for buyers in MORGAN CREEK, listed between $300,000 and $835,000. Prices in 78611 have fallen 1.9% over the last 6 months. A similar home at 811 County Road 130, Burnet TX 78611 carries an adjusted comparable value of $395,917, providing a strong data point. With 7 comparable sales in MORGAN CREEK, 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