1503 Buchanan DR, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $230,276. To generate strong buyer interest while maximizing value, I'd price this between $181,000 and $191,000. Among the similar homes currently available in 78611, this price point stands out as competitive. This home's smaller footprint (332 sqft vs the comp average) plays a role in how the market prices it. At 0.60 acres, the lot is smaller than the 0.86 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78611; a buyer's market based on recent absorption. The trend in 78611 shows prices have fallen 2.4% in the past 6 months. 504 S Boundary ST, Burnet TX 78611 nearby adjusts to $140,727; a strong comparable. 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