100 Elmer Ave, Burnet TX 78611

The market data from 3 similar recent sales in 78611 points to a value of approximately $287,081. To sell within a reasonable timeframe at fair market value, the $288,000 to $289,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78611. At 115 sqft smaller than the typical comp, the size difference factors into the valuation. The 2020 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in 78611 includes 3 comparable homes priced from $289,990 to $324,999. In 78611, home values have risen approximately 0.6% over the past 6 months. One of the strongest data points is 305 Gristmill RD, Burnet TX 78611, adjusting to $284,872; a strong comparable. 3 comparable transactions in 78611 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