103 Chestnut ST, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $307,453. To generate strong buyer interest while maximizing value, I'd price this between $174,000 and $184,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SOUTH SILVER CREEK. This home's smaller footprint (462 sqft vs the comp average) plays a role in how the market prices it. The 1979 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SOUTH SILVER CREEK; a buyer's market based on recent absorption. The trend in 78611 shows prices have risen 1.5% in the past 6 months. 409 Bizzy LN, Burnet TX 78611 nearby adjusts to $273,843; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group