406 Pierce, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $432,424. To sell within a reasonable timeframe at fair market value, the $521,000 to $711,000 range is where I'd position this. Among the similar homes currently available in 78611, this price point stands out as competitive. The larger floor plan (971 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1965 construction puts this home 41 years older than the comp average, a factor in the 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 100 Wallace Riddell DR, Burnet TX 78611, adjusting to $520,532; with a smaller floor plan. 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