1004 N Boundary ST, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $298,362. For a well positioned listing in CORDER, I'd target the $232,000 to $242,000 range. In the current CORDER market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 221 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1976 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CORDER; a buyer's market based on recent absorption. Recent trends in 78611 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 1206 Sherrard ST, Burnet TX 78611, with an adjusted value of $285,623; a strong comparable. 7 comparable transactions in CORDER 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