214 Peninsula DR, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,236,091. I'd recommend coming to market at $1,199,000 to $1,273,000 to strike the right balance between value and market velocity. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in PENINSULA. Being 802 sqft larger than the average comparable sale in this area impacts the per square foot value. The 3.24 acre lot (larger than the 0.74 acre average) is reflected in the estimate. The trend in 78611 shows prices have fallen 26.7% in the past 6 months. 125 Peninsula DR, Burnet TX 78611 nearby adjusts to $1,190,350; a strong comparable. With 5 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