1416 County Road 133, Burnet TX 78611

After reviewing 7 recent transactions in MORGAN CREEK, I estimate this property's value at $671,329. A competitive list price for this home right now would fall in the $434,000 to $444,000 range. Buyers shopping in MORGAN CREEK right now would see this as a well positioned option among 3 comparable homes. Being 593 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 7 of the 7 comps lacked one. With 3 similar homes currently listed in MORGAN CREEK (a buyer's market), competition is a factor to consider. Prices in 78611 have fallen 27.6% over the last 6 months. A similar home at 810 Morgan Creek DR, Burnet TX 78611 carries an adjusted comparable value of $993,742, providing a strong data point. The comp data here (7 sales in MORGAN CREEK) 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