408 Upland DR, Burnet TX 78611

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $225,394. Pricing this home between $165,000 and $175,000 would put it in the competitive sweet spot for SOUTH SILVER CREEK. Buyers shopping in SOUTH SILVER CREEK right now would see this as a well positioned option among 6 comparable homes. This home's smaller footprint (228 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.30 acres versus the area average of 0.49) contributes to the valuation. Current inventory shows 6 comparable homes in SOUTH SILVER CREEK; a buyer's market based on recent absorption. Market data shows 78611 prices fallen 1.6% over the last half year. The closest comparable sale, 701 County Road 130, Burnet TX 78611 at an adjusted $249,851, is a strong comparable. With 7 comparable sales in SOUTH SILVER CREEK, 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