5388 S US Highway 281, Burnet TX 78611

After reviewing 7 recent transactions in 78611, I estimate this property's value at $484,881. A competitive list price for this home right now would fall in the $628,000 to $642,000 range. This would position the home competitively among 7 active listings in 78611. At 162 sqft smaller than the typical comp, the size difference factors into the valuation. At 13 years older than typical comps, the 1996 build date influences the valuation. There are currently 7 similar homes on the market in 78611, ranging from $425,000 to $780,000. Prices in 78611 have fallen 27.4% over the last 6 months. A similar home at 226 Sunday DR, Burnet TX 78611 carries an adjusted comparable value of $582,962, providing a strong data point. The comp data here (7 sales in 78611) 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