7300 Park Road 4 W, Burnet TX 78611

The market data from 5 similar recent sales in 78611 points to a value of approximately $1,018,243. To sell within a reasonable timeframe at fair market value, the $401,000 to $411,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78611. The 281 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. Buyers in 78611 have 1 comparable options right now, with asking prices between $339,000 and $339,000. In 78611, home values have fallen approximately 26.7% over the past 6 months. One of the strongest data points is 321 Island CIR, Kingsland TX 78639, adjusting to $1,183,432; with a smaller floor plan. 5 comparable transactions in 78611 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group