2822 Sunset CLF, Burnet TX 78611

After reviewing 7 recent transactions in COUNCIL CREEK SOUTH, I estimate this property's value at $997,181. A competitive list price for this home right now would fall in the $493,000 to $503,000 range. This home's position in the current COUNCIL CREEK SOUTH market: the most expensive of 3 comparable homes on the market among comparable properties. At 426 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (1.49 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 3 comparable homes in COUNCIL CREEK SOUTH; a buyer's market based on recent absorption. Prices in 78611 have fallen 21.1% over the last 6 months. A similar home at 518 Morgan Creek DR, Burnet TX 78611 carries an adjusted comparable value of $1,263,849, providing a strong data point. The comp data here (7 sales in COUNCIL CREEK SOUTH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus