183 Roadrunner LN, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $342,636. For a well positioned listing in MURCHISON, I'd target the $338,000 to $529,000 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 316 sqft size difference versus comparable sales is reflected in the adjusted values. The 1977 construction puts this home 6 years older than the comp average, a factor in the 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 6.6% since 6 months ago. The most comparable recent sale is 1012 Hill ST, Burnet TX 78611, with an adjusted value of $219,453; 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