616 S Chaparral, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $497,663. I'd recommend coming to market at $650,000 to $653,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in CASSIE. The 466 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.28 acre lot (larger than the 0.60 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in CASSIE, listed between $485,000 and $895,000. The trend in 78611 shows prices have fallen 2.4% in the past 6 months. 119 Lasso LOOP, Burnet TX 78611 nearby adjusts to $653,058; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group