609 Lakeway, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $279,353. For a well positioned listing in COUNCIL CREEK, I'd target the $271,000 to $288,000 range. Against 1 similar active listings in COUNCIL CREEK, this price point lands at below the only comparable home currently on the market. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 15 years newer than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in COUNCIL CREEK, ranging from $299,000 to $299,000. Recent trends in COUNCIL CREEK show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 580 Zuleme ST, Burnet TX 78611, with an adjusted value of $251,005; with a larger floor plan. The 7 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