232 Cinnamon LOOP, Burnet TX 78611

7 recent sales in the surrounding area of this address suggest a current value of $333,395. My recommended list price range for this property would be $339,000 to $342,000. With 7 comparable homes on the market in PEPPER MILL, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.25 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in PEPPER MILL (a buyer's market), competition is a factor to consider. In 78611, home values have fallen approximately 12.1% over the past 6 months. One of the strongest data points is 1317 Spicewood DR, Burnet TX 78611, adjusting to $373,404; with a smaller floor plan. With 7 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