1203 Pecan, Burnet TX 78611

The market data from 3 similar recent sales in JOHNSON points to a value of approximately $280,783. To sell within a reasonable timeframe at fair market value, the $272,000 to $289,000 range is where I'd position this. In the current JOHNSON market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. At 138 sqft smaller than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in JOHNSON (a buyer's market), competition is a factor to consider. In 78611, home values have risen approximately 3.5% over the past 6 months. One of the strongest data points is 117 Ellis CT, Burnet TX 78611, adjusting to $253,545; a strong comparable. 3 comparable transactions in JOHNSON 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