2550 CR 250, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $429,813. For a well positioned listing in 78611, I'd target the $335,000 to $345,000 range. Among the similar homes currently available in 78611, this price point stands out as competitive. The 2006 construction puts this home 17 years older than the comp average, a factor in the pricing. At 10.19 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in 78611, listed between $345,000 and $740,000. Recent trends in 78611 show home values have fallen 26.8% since 6 months ago. The most comparable recent sale is 106 Alexander Ave, Burnet TX 78611, with an adjusted value of $477,345; 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