2076 CR 108, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $626,781. I'd recommend coming to market at $884,000 to $925,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78611, this price positions the property as the most affordable of 2 comparable homes on the market. This home's larger footprint (1,539 sqft vs the comp average) plays a role in how the market prices it. Built in 1970, this home is 43 years older than the average comp, which is reflected in the adjustments. The active market in 78611 includes 2 comparable homes priced from $979,000 to $1,150,000. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 320 Eagle Ridge, Burnet TX 78611 nearby adjusts to $925,101; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group