4011 County Road 330, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $251,774. To sell within a reasonable timeframe at fair market value, the $285,000 to $307,000 range is where I'd position this. With 2 comparable homes on the market in 78611, this price positions the property as the most affordable of 2 comparable homes on the market. The 1955 construction puts this home 59 years older than the comp average, a factor in the pricing. At 2.25 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. 2 similar homes are currently available in 78611, creating a buyer's market for this price range. In 78611, home values have fallen approximately 27.4% over the past 6 months. One of the strongest data points is 1001 S Boundary ST, Burnet TX 78611, adjusting to $116,842; a strong comparable. 7 comparable transactions in 78611 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group