500 Morgan Creek DR, Burnet TX 78611

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $611,823. Pricing this home between $210,000 and $220,000 would put it in the competitive sweet spot for MORGAN CREEK. Relative to what's currently available in MORGAN CREEK, this home would be the most expensive of 3 comparable homes on the market. Being 195 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 6 years newer than typical comps, the 1991 build date influences the valuation. There are currently 3 similar homes on the market in MORGAN CREEK, ranging from $199,900 to $369,000. Market data shows 78611 prices fallen 27.6% over the last half year. The closest comparable sale, 900 Morgan Creek DR, Burnet TX 78611 at an adjusted $547,589, is with a smaller floor plan. With 7 comparable sales in MORGAN 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