5700 FM 3509, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $653,527. To generate strong buyer interest while maximizing value, I'd price this between $700,000 and $750,000. With 0 comparable homes on the market in 78611, this price positions the property as no active comparable homes on the market. At 1,049 sqft larger than the typical comp, the size difference factors into the valuation. At 10.00 acres, the lot is larger than the 2.07 acre comp average, which factors into pricing. The trend in 78611 shows prices have fallen 26.8% in the past 6 months. 201 Thomas Ridge RD, Burnet TX 78611 nearby adjusts to $750,247; a strong comparable. 6 comparable transactions in 78611 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group