401 N River Oaks DR, Burnet TX 78611

My analysis of 7 comparable properties puts this home's estimated value at $447,814. Based on how the local market is moving, a list price between $287,000 and $297,000 would position this home well. This home's position in the current RIVER OAKS market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.42 acres versus the area average of 1.22) contributes to the valuation. The active market in RIVER OAKS includes 3 comparable homes priced from $279,000 to $800,000. The 6 month price trend in RIVER OAKS: fallen 50.2%. The best comp here is 207 N River Oaks DR, Burnet TX 78611 at an adjusted value of $173,710, with a smaller floor plan. With 7 comparable sales in RIVER OAKS, 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