1206 Adam Ave, Burnet TX 78611

The estimated value of this property is $359,576, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $349,000 and $370,000. With 4 comparable homes on the market in HERITAGE VALLEY, this price positions the property as the most affordable of 4 comparable homes on the market. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The 0.34 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in HERITAGE VALLEY; a buyer's market based on recent absorption. Recent trends in 78611 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 1403 Adam Ave, Burnet TX 78611, with an adjusted value of $365,510; with a smaller floor plan. Based on 4 relevant data points in HERITAGE VALLEY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX