351 Apache DR, Burnet TX 78611

After reviewing 4 recent transactions in 78611, I estimate this property's value at $388,860. A competitive list price for this home right now would fall in the $308,000 to $318,000 range. Relative to what's currently available in 78611, this home would be below the only comparable home currently on the market. At 146 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 1977 build date influences the valuation. The active market in 78611 includes 1 comparable homes priced from $275,000 to $275,000. Prices in 78611 have fallen 27.4% over the last 6 months. A similar home at 207 N River Oaks DR, Burnet TX 78611 carries an adjusted comparable value of $161,385, providing a strong data point. With 4 comparable sales in 78611, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group