120 Linsey CV, Burnet TX 78611

The market data from 7 similar recent sales in HIGHLAND OAKS points to a value of approximately $533,008. To sell within a reasonable timeframe at fair market value, the $404,000 to $414,000 range is where I'd position this. Against 5 similar active listings in HIGHLAND OAKS, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The 294 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 14 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in HIGHLAND OAKS; a buyer's market based on recent absorption. In HIGHLAND OAKS, home values have fallen approximately 28.5% over the past 6 months. One of the strongest data points is 106 Alexander Ave, Burnet TX 78611, adjusting to $495,119; with a smaller floor plan. 7 comparable transactions in HIGHLAND OAKS 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