900 Morgan Creek DR, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $320,052. To generate strong buyer interest while maximizing value, I'd price this between $402,000 and $573,000. Among the similar homes currently available in MORGAN CREEK, this price point stands out as competitive. The 1968 construction puts this home 16 years older than the comp average, a factor in the pricing. At 0.32 acres, the lot is smaller than the 2.41 acre comp average, which factors into pricing. With 4 similar homes currently listed in MORGAN CREEK (a buyer's market), competition is a factor to consider. The trend in 78611 shows prices have risen 3.4% in the past 6 months. 200 Lakeshore LOOP, Tow TX 78672 nearby adjusts to $235,029; a strong comparable. 7 comparable transactions in MORGAN CREEK 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