506 N Chaparral, Burnet TX 78611

The estimated value of this property is $628,931, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $653,000 and $1,054,000. In the current CASSIE market with 0 similar homes available, this price represents no active comparable homes on the market. The larger floor plan (1,092 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.71 acre lot (larger than the 0.58 acre average) is reflected in the estimate. Recent trends in 78611 show home values have fallen 26.5% since 6 months ago. The most comparable recent sale is 119 Lasso LOOP, Burnet TX 78611, with an adjusted value of $652,860; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group