2312 FM 963, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $474,619. To generate strong buyer interest while maximizing value, I'd price this between $460,000 and $489,000. Against 1 similar active listings in 78611, this price point lands at below the only comparable home currently on the market. At 2,668 sqft larger than the typical comp, the size difference factors into the valuation. At 59.79 acres, the lot is larger than the 1.65 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in 78611, listed between $1,325,000 and $1,325,000. The trend in 78611 shows prices have fallen 0.1% in the past 6 months. 106 Alexander Ave, Burnet TX 78611 nearby adjusts to $592,740; with a smaller floor plan. The 7 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