517 Waterway LN, Burnet TX 78611

After reviewing 4 recent transactions in VANISHING TEXAS, I estimate this property's value at $594,566. A competitive list price for this home right now would fall in the $465,000 to $477,000 range. Relative to what's currently available in VANISHING TEXAS, this home would be the most expensive of 2 comparable homes on the market. The larger floor plan (712 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.39 acres versus the area average of 0.40) contributes to the valuation. Right now, 2 similar properties are competing for buyers in VANISHING TEXAS, listed between $449,900 and $739,000. Prices in 78611 have fallen 27.6% over the last 6 months. A similar home at 811 County Road 130, Burnet TX 78611 carries an adjusted comparable value of $464,756, providing a strong data point. The comp data here (4 sales in VANISHING TEXAS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus