701 Quail Hill, Burnet TX 78611

After reviewing 7 recent transactions in 78611, I estimate this property's value at $602,376. A competitive list price for this home right now would fall in the $806,000 to $815,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in 78611's current inventory. Being 894 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 6 of the 7 comps lacked one. The active market in 78611 includes 5 comparable homes priced from $579,500 to $1,249,000. Prices in 78611 have fallen 26.8% over the last 6 months. A similar home at 2322 Fm 963, Burnet TX 78611 carries an adjusted comparable value of $805,534, providing a strong data point. The comp data here (7 sales in 78611) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus