240 Eagle RDG, Burnet TX 78611

The market data from 7 similar recent sales in EAGLES NEST points to a value of approximately $770,650. To sell within a reasonable timeframe at fair market value, the $950,000 to $1,015,000 range is where I'd position this. With 4 comparable homes on the market in EAGLES NEST, this price positions the property as the most affordable of 4 comparable homes on the market. At 415 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Current inventory shows 4 comparable homes in EAGLES NEST; a buyer's market based on recent absorption. In 78611, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 108 Oak Bend, Burnet TX 78611, adjusting to $853,860; with a smaller floor plan and no pool. 7 comparable transactions in EAGLES NEST 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