512 County Road 119a, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $807,980. For a well positioned listing in ENCHANTED VALLEY, I'd target the $387,000 to $397,000 range. In the current ENCHANTED VALLEY market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (525 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1982 construction puts this home 17 years older than the comp average, a factor in the pricing. The active market in ENCHANTED VALLEY includes 3 comparable homes priced from $339,000 to $999,999. Recent trends in 78611 show home values have fallen 26.9% since 6 months ago. The most comparable recent sale is 1200 Apache DR, Burnet TX 78611, with an adjusted value of $209,950; with a smaller floor plan. The 5 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