220 Park LN, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $804,553. To generate strong buyer interest while maximizing value, I'd price this between $525,000 and $535,000. With 3 comparable homes on the market in COUNCIL CREEK, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (662 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. With 3 similar homes currently listed in COUNCIL CREEK (a buyer's market), competition is a factor to consider. The trend in COUNCIL CREEK shows prices have risen 11.4% in the past 6 months. 518 Morgan Creek DR, Burnet TX 78611 nearby adjusts to $1,298,869; with no pool. 7 comparable transactions in COUNCIL CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group