240 Robin LN, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $417,130. I'd recommend coming to market at $511,000 to $516,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78611, this price point stands out as competitive. At 205 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1974, this home is 34 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78611; a buyer's market based on recent absorption. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 425 W Vaughan ST, Bertram TX 78605 nearby adjusts to $320,416; a strong comparable. 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