904 Comanche DR, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $301,360. For a well positioned listing in SHERWOOD SHORES III, I'd target the $292,000 to $310,000 range. In the current SHERWOOD SHORES III market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 169 sqft size difference versus comparable sales is reflected in the adjusted values. The 1996 construction puts this home 15 years newer than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in SHERWOOD SHORES III; a buyer's market based on recent absorption. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 207 N River Oaks DR, Burnet TX 78611, with an adjusted value of $139,495; with a larger floor plan. The 6 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