308 Stanberry LN, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $621,847. To sell within a reasonable timeframe at fair market value, the $609,000 to $634,000 range is where I'd position this. With 3 comparable homes on the market in 78611, this price positions the property as the most expensive of 3 comparable homes on the market. The 177 sqft size difference versus comparable sales is reflected in the adjusted values. At 9.69 acres, the lot is larger than the 3.85 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78611, listed between $400,000 and $799,000. In 78611, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 106 Alexander Ave, Burnet TX 78611, adjusting to $520,536; 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