4223 Fm 2342, Burnet TX 78611

Based on 4 closed sales in 78611, the data points to a value around $655,370 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $636,000 to $675,000. This pricing would rank the home as no active comparable homes on the market in 78611's current inventory. This home's larger footprint (313 sqft vs the comp average) plays a role in how the market prices it. Being built in 1950 (38 years older than comps) is factored into the value estimate. Market data shows 78611 prices fallen 27.7% over the last half year. The closest comparable sale, 378 Long Mountain DR, Burnet TX 78611 at an adjusted $1,177,190, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78611. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group