503 Judy LN, Burnet TX 78611

The market data from 7 similar recent sales in COUNCIL CREEK points to a value of approximately $318,025. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. With 3 comparable homes on the market in COUNCIL CREEK, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (262 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 9 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in COUNCIL CREEK (a buyer's market), competition is a factor to consider. In COUNCIL CREEK, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1213 County Road 130, Burnet TX 78611, adjusting to $342,275; with a smaller floor plan. 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