700 Lewis DR, Burnet TX 78611

Based on 3 closed sales in HIGHLAND ACRES, the data points to a value around $198,972 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $282,000 to $287,000. This would position the home competitively among 7 active listings in HIGHLAND ACRES. Lot size matters here: 0.32 acres versus 0.26 for the typical comp. With 7 similar homes currently listed in HIGHLAND ACRES (a buyer's market), competition is a factor to consider. Market data shows 78611 prices risen 2.9% over the last half year. The closest comparable sale, 1012 N Water ST, Burnet TX 78611 at an adjusted $122,045, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus