402 Bluebonnet DR, Burnet TX 78611

Based on 7 closed sales in CHEATHAM, the data points to a value around $274,355 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $188,000 to $198,000. This would position the home competitively among 3 active listings in CHEATHAM. At 512 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2002 (22 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in CHEATHAM (a buyer's market), competition is a factor to consider. Market data shows 78611 prices fallen 27.6% over the last half year. The closest comparable sale, 504 S Boundary ST, Burnet TX 78611 at an adjusted $148,661, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus