423 Ridgeway, Burnet TX 78611

Taking into account 7 nearby comparable sales, this property's estimated value comes to $238,372. If we were to list this property today, I'd recommend a list price in the $176,000 to $186,000 range. Relative to what's currently available in COUNCIL CREEK, this home would be the 2nd least expensive of 5 comparable homes on the market. This home's smaller footprint (392 sqft vs the comp average) plays a role in how the market prices it. Being built in 1962 (6 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in COUNCIL CREEK; a buyer's market based on recent absorption. The 6 month price trend in COUNCIL CREEK: fallen 15.7%. The best comp here is 701 County Road 130, Burnet TX 78611 at an adjusted value of $238,501, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in COUNCIL CREEK. 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