2011 County Road 118, Burnet TX 78611

The market data from 7 similar recent sales in SHERWOOD SHORES III points to a value of approximately $421,884. To sell within a reasonable timeframe at fair market value, the $317,000 to $327,000 range is where I'd position this. In the current SHERWOOD SHORES III market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 588 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.69 acres, the lot is smaller than the 1.16 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in SHERWOOD SHORES III, ranging from $289,000 to $1,200,000. One of the strongest data points is 602 County Road 118B, Burnet TX 78611, adjusting to $75,029; with a larger floor plan. 7 comparable transactions in SHERWOOD SHORES III 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