1014 N Vandeveer ST, Burnet TX 78611

After reviewing 7 recent transactions in CORDER, I estimate this property's value at $366,271. A competitive list price for this home right now would fall in the $476,000 to $493,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in CORDER's current inventory. At 37 years older than typical comps, the 1972 build date influences the valuation. The smaller lot (0.25 acres versus the area average of 0.34) contributes to the valuation. With 7 similar homes currently listed in CORDER (a buyer's market), competition is a factor to consider. Prices in 78611 have fallen 27.7% over the last 6 months. A similar home at 604 E Kerr ST, Burnet TX 78611 carries an adjusted comparable value of $327,707, providing a strong data point. With 7 comparable sales in CORDER, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group