2425 County Road 334, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $352,573. To sell within a reasonable timeframe at fair market value, the $342,000 to $363,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78611. Being 361 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 16 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78611, ranging from $599,999 to $599,999. In 78611, home values have fallen approximately 27.4% over the past 6 months. One of the strongest data points is 313 Gristmill RD, Burnet TX 78611, adjusting to $366,465; a strong comparable. 7 comparable transactions in 78611 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