302 S Chaparral, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $344,989. I'd recommend coming to market at $425,000 to $602,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CASSIE, this price point stands out as competitive. The larger floor plan (518 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1970, this home is 13 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in CASSIE (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 201 Bronco DR, Burnet TX 78611 nearby adjusts to $256,001; with a smaller floor plan. 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