1011 N Water ST, Burnet TX 78611

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $154,638. Pricing this home between $112,000 and $122,000 would put it in the competitive sweet spot for 78611. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78611's current inventory. This home's smaller footprint (301 sqft vs the comp average) plays a role in how the market prices it. At 19 years older than typical comps, the 1940 build date influences the valuation. Right now, 3 similar properties are competing for buyers in 78611, listed between $130,000 and $320,000. Market data shows 78611 prices fallen 7.2% over the last half year. The closest comparable sale, 405 E Brier LN, Burnet TX 78611 at an adjusted $143,260, is a strong comparable. The comp data here (7 sales in 78611) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus