2040 County Road 108, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $535,719. To generate strong buyer interest while maximizing value, I'd price this between $597,000 and $871,000. Against 2 similar active listings in 78611, this price point lands at the most affordable of 2 comparable homes on the market. Being 2,057 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1970 construction puts this home 14 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in 78611; a buyer's market based on recent absorption. The trend in 78611 shows prices have fallen 1.9% in the past 6 months. 2846 W State Highway 29 Highway, Burnet TX 78611 nearby adjusts to $530,130; with a smaller 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