218 CR119-A (Waters Edge), Burnet TX 78611

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,505,657. Pricing this home between $981,000 and $991,000 would put it in the competitive sweet spot for ENCHANTED VALLEY. This home's position in the current ENCHANTED VALLEY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (1,830 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years older than typical comps, the 1996 build date influences the valuation. With 3 similar homes currently listed in ENCHANTED VALLEY (a buyer's market), competition is a factor to consider. Market data shows 78611 prices fallen 26.4% over the last half year. The closest comparable sale, 117 Legendary Estates DR, Kingsland TX 78639 at an adjusted $2,605,074, is with a pool. The comp data here (4 sales in ENCHANTED VALLEY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus