703 Lakewood DR, Burnet TX 78611

After reviewing 7 recent transactions in SOUTH SILVER CREEK, I estimate this property's value at $274,813. A competitive list price for this home right now would fall in the $380,000 to $441,000 range. This pricing would rank the home as the most affordable of 2 comparable homes on the market in SOUTH SILVER CREEK's current inventory. The smaller lot (0.01 acres versus the area average of 0.50) contributes to the valuation. 2 similar homes are currently available in SOUTH SILVER CREEK, creating a buyer's market for this price range. Prices in 78611 have fallen 24.1% over the last 6 months. A similar home at 409 Bizzy LN, Burnet TX 78611 carries an adjusted comparable value of $263,045, providing a strong data point. The comp data here (7 sales in SOUTH SILVER CREEK) 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