466 County Road 335, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $396,609. To sell within a reasonable timeframe at fair market value, the $256,000 to $266,000 range is where I'd position this. In the current 78611 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 2002 construction puts this home 9 years older than the comp average, a factor in the pricing. At 1.05 acres, the lot is larger than the 0.58 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78611; a buyer's market based on recent absorption. In 78611, home values have fallen approximately 27.4% over the past 6 months. One of the strongest data points is 301 Julie ST, Burnet TX 78611, adjusting to $353,538; 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