511 Navajo DR, Burnet TX 78611

After reviewing 7 recent transactions in SHERWOOD SHORES III, I estimate this property's value at $511,124. A competitive list price for this home right now would fall in the $278,000 to $288,000 range. This would position the home competitively among 1 active listings in SHERWOOD SHORES III. This home's smaller footprint (935 sqft vs the comp average) plays a role in how the market prices it. At 10 years newer than typical comps, the 2004 build date influences the valuation. With 1 similar homes currently listed in SHERWOOD SHORES III (a buyer's market), competition is a factor to consider. Prices in 78611 have fallen 2.9% over the last 6 months. A similar home at 1200 Apache DR, Burnet TX 78611 carries an adjusted comparable value of $153,520, providing a strong data point. With 7 comparable sales in SHERWOOD SHORES III, 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