212 N River Oaks, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $484,740. To generate strong buyer interest while maximizing value, I'd price this between $470,000 and $499,000. With 1 comparable homes on the market in RIVER OAKS, this price positions the property as below the only comparable home currently on the market. At 372 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.51 acres, the lot is smaller than the 0.64 acre comp average, which factors into pricing. With 1 similar homes currently listed in RIVER OAKS (a balanced market), competition is a factor to consider. The trend in RIVER OAKS shows prices have fallen 9.8% in the past 6 months. 378 Long Mountain DR, Burnet TX 78611 nearby adjusts to $1,011,964; a strong comparable. The 4 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