321 Lakewood DR, Burnet TX 78611

My analysis of 5 comparable properties puts this home's estimated value at $258,649. Based on how the local market is moving, a list price between $206,000 and $216,000 would position this home well. Buyers shopping in SOUTH SILVER CREEK right now would see this as a well positioned option among 2 comparable homes. This home's smaller footprint (520 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 1975 build date influences the valuation. Current inventory shows 2 comparable homes in SOUTH SILVER CREEK; a buyer's market based on recent absorption. The 6 month price trend in 78611: risen 3.7%. The best comp here is 409 Bizzy LN, Burnet TX 78611 at an adjusted value of $253,818, with a smaller floor plan. The comp data here (5 sales in SOUTH SILVER CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus