261 HWY 261, Llano TX 78609

Reviewing the most recent comparable transactions, this home's market value falls around $578,291. For a well positioned listing in 78609, I'd target the $248,000 to $258,000 range. With 1 comparable homes on the market in 78609, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (830 sqft vs the comp average) plays a role in how the market prices it. The 1948 construction puts this home 26 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78609, ranging from $249,000 to $249,000. Recent trends in 78609 show home values have risen 36.1% since 6 months ago. The most comparable recent sale is 378 Long Mountain DR, Burnet TX 78611, with an adjusted value of $972,136; with a larger floor plan. 4 comparable transactions in 78609 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