804 Morgan Creek DR, Burnet TX 78611

The market data from 7 similar recent sales in MORGAN CREEK points to a value of approximately $988,669. To sell within a reasonable timeframe at fair market value, the $1,207,000 to $1,397,000 range is where I'd position this. In the current MORGAN CREEK market with 0 similar homes available, this price represents no active comparable homes on the market. The larger floor plan (2,839 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.70 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. In 78611, home values have risen approximately 1.8% over the past 6 months. One of the strongest data points is 518 Morgan Creek DR, Burnet TX 78611, adjusting to $1,397,250; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group