620 County Road 330, Burnet TX 78611

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $425,410. I'd recommend coming to market at $250,000 to $260,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78611, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2001, this home is 6 years older than the average comp, which is reflected in the adjustments. The 10.20 acre lot (larger than the 0.58 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78611 (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 301 Julie ST, Burnet TX 78611 nearby adjusts to $346,712; a strong comparable. 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