116 Bluebonnet CIR, Burnet TX 78611

The market data from 7 similar recent sales in BUENA VISTA points to a value of approximately $583,909. To sell within a reasonable timeframe at fair market value, the $572,000 to $596,000 range is where I'd position this. In the current BUENA VISTA market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 1960 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.53 acres, the lot is smaller than the 0.60 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in BUENA VISTA; a buyer's market based on recent absorption. In BUENA VISTA, home values have risen approximately 164% over the past 6 months. One of the strongest data points is 122 Mountain View CIR, Burnet TX 78611, adjusting to $1,075,860; with a smaller floor plan. 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