466 Long Mountain DR, Burnet TX 78611

Based on 7 closed sales in 78611, the data points to a value around $334,811 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $382,000 to $572,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78611's current inventory. The larger floor plan (741 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2004 (34 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in 78611; a buyer's market based on recent absorption. Market data shows 78611 prices risen 3.3% over the last half year. The closest comparable sale, 811 County Road 130, Burnet TX 78611 at an adjusted $367,508, is a strong comparable. The strength of this estimate comes from 7 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