613 Waterway LN, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $457,412. To generate strong buyer interest while maximizing value, I'd price this between $161,000 and $171,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in SWISS. The smaller floor plan (320 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1998 construction puts this home 21 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in SWISS (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have risen 1.7% in the past 6 months. 1411 Water Way LN, Burnet TX 78611 nearby adjusts to $780,896; with a larger floor plan. 7 comparable transactions in SWISS 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