407 Summit Ridge RD, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $321,609. To generate strong buyer interest while maximizing value, I'd price this between $232,000 and $242,000. Among the similar homes currently available in SUMMIT RIDGE, this price point stands out as competitive. The smaller floor plan (291 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1984 construction puts this home 19 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SUMMIT RIDGE; a buyer's market based on recent absorption. The trend in 78611 shows prices have fallen 1.9% in the past 6 months. 801 E Johnson ST, Burnet TX 78611 nearby adjusts to $307,996; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group