1702 County Road 140, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $662,893. I'd recommend coming to market at $975,000 to $1,054,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78611, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (521 sqft vs the comp average) plays a role in how the market prices it. The 1.13 acre lot (larger than the 0.64 acre average) is reflected in the estimate. Buyers in 78611 have 3 comparable options right now, with asking prices between $947,500 and $1,250,000. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 810 Morgan Creek DR, Burnet TX 78611 nearby adjusts to $1,053,518; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group