183 Roadrunner LN, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $409,719. For a well positioned listing in MURCHISON, I'd target the $223,000 to $233,000 range. In the current MURCHISON market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 1977 construction puts this home 16 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.53 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in MURCHISON; a buyer's market based on recent absorption. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 811 County Road 130, Burnet TX 78611, with an adjusted value of $320,466; with a larger floor plan. 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