314 Clear Creek DR, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $528,933. I'd recommend coming to market at $513,000 to $545,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in CLEAR CREEK, this price positions the property as the most affordable of 2 comparable homes on the market. Built in 1965, this home is 22 years older than the average comp, which is reflected in the adjustments. The 1.12 acre lot (larger than the 0.62 acre average) is reflected in the estimate. With 2 similar homes currently listed in CLEAR CREEK (a buyer's market), competition is a factor to consider. The trend in CLEAR CREEK shows prices have fallen 12.8% in the past 6 months. 119 Lasso LOOP, Burnet TX 78611 nearby adjusts to $558,059; with a smaller floor plan. With 6 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