Ed's Opinion of Value

$128,353 Ed's Estimate: $424,925 $877,463
Lowest Comp Recommended List: $297,000 to $307,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $424,925. To generate strong buyer interest while maximizing value, I'd price this between $297,000 and $307,000. Against 7 similar active listings in 78611, this price point lands at the most expensive of 7 comparable homes on the market. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. At 6.21 acres, the lot is larger than the 3.22 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78611 (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have fallen 6.6% in the past 6 months. 521 County Road 340A, Burnet TX 78611 nearby adjusts to $128,353; a strong comparable. 7 comparable transactions in 78611 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths
1,847 Sq Ft
6.21 Acres

Location

Property Details

Property Type Residential
County Burnet
MLS # 3895911

Listing History

MLS# 3895911 21 days
Aug 8, 2018 Off Market
Mar 28, 2018 Listed $378,800

Frequently Asked Questions About 189 Sunflower WAY, Burnet TX 78611

How much does 189 Sunflower WAY, Burnet TX 78611 cost?

189 Sunflower WAY, Burnet TX 78611 sold on August 8, 2018. Contact us for sale price details.

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