3224 FM 3509, Burnet TX 78611

My analysis of 7 comparable properties puts this home's estimated value at $326,176. Based on how the local market is moving, a list price between $316,000 and $336,000 would position this home well. Buyers shopping in 78611 right now would see this as a well positioned option among 1 comparable homes. At 11 years older than typical comps, the 1986 build date influences the valuation. The larger lot (2.28 acres versus the area average of 1.11) contributes to the valuation. Current inventory shows 1 comparable homes in 78611; a buyer's market based on recent absorption. The 6 month price trend in 78611: fallen 26.8%. The best comp here is 521 County Road 340A, Burnet TX 78611 at an adjusted value of $101,094, with a larger floor plan. The comp data here (7 sales in 78611) 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