405 Bumpy Ridge DR, Burnet TX 78611

My analysis of 7 comparable properties puts this home's estimated value at $868,701. Based on how the local market is moving, a list price between $1,009,000 and $1,021,000 would position this home well. Buyers shopping in ROCKY RIDGE right now would see this as a well positioned option among 3 comparable homes. At 161 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (1.61 acres versus the area average of 0.67) contributes to the valuation. The active market in ROCKY RIDGE includes 3 comparable homes priced from $728,000 to $975,000. The 6 month price trend in 78611: fallen 27.7%. The best comp here is 811 County Road 130, Burnet TX 78611 at an adjusted value of $507,420, with a smaller floor plan. With 7 comparable sales in ROCKY RIDGE, 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