316 Sunset DR, Burnet TX 78611

Based on 7 closed sales in SEE AGENT, the data points to a value around $298,381 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $195,000 to $205,000. Relative to what's currently available in SEE AGENT, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2017 (25 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SEE AGENT; a buyer's market based on recent absorption. Market data shows 78611 prices fallen 27.4% over the last half year. The closest comparable sale, 116 Elmer Ave, Burnet TX 78611 at an adjusted $298,668, is a strong comparable. 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