Sell report generated Apr 7, 2025
The Sell Potential of
1624 Spencer Mill Rd Burns, TN
is $1,540,302 – $1,702,439.
Estimated Time-To-Closeis77 days.
If listed today, this home could sell by September 23, 2025
Current Specs
4 Bed / 3.5 Bath
4,369 sqft
$275 per sqft
Sell Advice
The property at 1624 Spencer Mill Rd in Burns, TN, is positioned competitively in the market with a list price of $1,199,999 and a price per square foot of $275, aligning well with comparable homes in the area. However, its pricing is on the higher end relative to the median price per square foot in Burns ($240). Unique features like a geothermal HVAC system, large lot size, and multigenerational design enhance its appeal, though the current market's moderate competitiveness and increased inventory could extend the time to sell.
To maximize appeal and expedite the sale, consider emphasizing unique features like the geothermal system, spacious layout, and proximity to desirable amenities. Minor upgrades, such as fresh paint and landscaping, could further enhance its appeal. Pricing the home slightly below market comparables and targeting buyers seeking multigenerational living may reduce days on market. Optimal timing aligns with the spring market, which is experiencing moderate price growth.
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