910 Lewis DR, Burnet TX 78611

After reviewing 7 recent transactions in 78611, I estimate this property's value at $681,172. A competitive list price for this home right now would fall in the $372,000 to $382,000 range. This home's position in the current 78611 market: the most expensive of 7 comparable homes on the market among comparable properties. At 141 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.16 acres versus the area average of 4.58) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78611, listed between $349,000 and $740,000. Prices in 78611 have fallen 27.4% over the last 6 months. A similar home at 2322 Fm 963, Burnet TX 78611 carries an adjusted comparable value of $725,748, providing a strong data point. With 7 comparable sales in 78611, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group