2903 N US Highway 281, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $508,167. To generate strong buyer interest while maximizing value, I'd price this between $602,000 and $659,000. Against 2 similar active listings in 78611, this price point lands at the most expensive of 2 comparable homes on the market. At 125 sqft larger than the typical comp, the size difference factors into the valuation. The 1968 construction puts this home 32 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in 78611, listed between $417,400 and $1,100,000. The trend in 78611 shows prices have fallen 6.7% in the past 6 months. 2322 Fm 963, Burnet TX 78611 nearby adjusts to $743,989; with a smaller floor plan. 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