1509 COUNTY ROAD 118B, Burnet TX 78611

After reviewing 5 recent transactions in SHERWOOD SHORES, I estimate this property's value at $1,011,511. A competitive list price for this home right now would fall in the $981,000 to $1,042,000 range. This home's position in the current SHERWOOD SHORES market: no active comparable homes on the market among comparable properties. The larger floor plan (775 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 4 of the 5 comps lacked one. Prices in 78611 have fallen 26.4% over the last 6 months. A similar home at 321 Island CIR, Kingsland TX 78639 carries an adjusted comparable value of $1,301,123, providing a strong data point. The comp data here (5 sales in SHERWOOD SHORES) 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