305 County Road 128, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $373,027. I'd recommend coming to market at $363,000 to $429,000 to strike the right balance between value and market velocity. Against 2 similar active listings in SOUTH SILVER CREEK, this price point lands at the most expensive of 2 comparable homes on the market. Built in 1960, this home is 21 years older than the average comp, which is reflected in the adjustments. The 1.22 acre lot (larger than the 0.51 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in SOUTH SILVER CREEK; a buyer's market based on recent absorption. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 103 Breezeway DR, Burnet TX 78611 nearby adjusts to $428,554; with a larger 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