3132 N US Highway 281, Burnet TX 78611

The comparable sales data (7 recent transactions in 78611) supports an estimated value of $366,671. The data suggests a list price between $439,000 and $506,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in 78611's current inventory. This home's larger footprint (731 sqft vs the comp average) plays a role in how the market prices it. Being built in 1965 (23 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in 78611; a buyer's market based on recent absorption. Prices in 78611 have fallen 27.6% over the last 6 months. A similar home at 2322 Fm 963, Burnet TX 78611 carries an adjusted comparable value of $634,813, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus