1005 N Vanderveer, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $278,638. To generate strong buyer interest while maximizing value, I'd price this between $236,000 and $246,000. With 7 comparable homes on the market in 78611, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1973 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.66 acre comp average, which factors into pricing. Buyers in 78611 have 7 comparable options right now, with asking prices between $239,000 and $687,500. The trend in 78611 shows prices have fallen 6.6% in the past 6 months. 1206 Sherrard ST, Burnet TX 78611 nearby adjusts to $283,950; a strong comparable. 7 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