1618 County Road 134, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $864,893. I'd recommend coming to market at $1,270,000 to $1,377,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SHANGRI LA, this price point stands out as competitive. At 435 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 12 years older than the average comp, which is reflected in the adjustments. There are currently 2 similar homes on the market in SHANGRI LA, ranging from $1,200,000 to $1,549,000. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 211 Lone Oak DR, Burnet TX 78611 nearby adjusts to $391,968; with a larger floor plan. Based on 7 relevant data points in SHANGRI LA, 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