310 Lakeview, Burnet TX 78611

The market data from 7 similar recent sales in COUNCIL CREEK points to a value of approximately $281,851. To sell within a reasonable timeframe at fair market value, the $219,000 to $229,000 range is where I'd position this. With 5 comparable homes on the market in COUNCIL CREEK, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 434 sqft smaller than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 17 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in COUNCIL CREEK; a buyer's market based on recent absorption. In COUNCIL CREEK, home values have risen approximately 11.4% over the past 6 months. One of the strongest data points is 309 S Oak LN, Burnet TX 78611, adjusting to $209,475; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group