1501 County Road 118, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $772,411. I'd recommend coming to market at $277,000 to $287,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78611. The 1,378 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.46 acre lot (smaller than the 1.64 acre average) is reflected in the estimate. 1 similar homes are currently available in 78611, creating a buyer's market for this price range. The trend in 78611 shows prices have risen 0.7% in the past 6 months. 207 N River Oaks DR, Burnet TX 78611 nearby adjusts to $167,676; a strong comparable. Based on 6 relevant data points in 78611, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX